The population of a town is 2,500 people, and is decreasing at a rate of 3.5% per year. Write an exponential decay function, then find the population of the town after 5 years. (Round to the nearest whole number.)
The population of a town is 2,500 people, and is decreasing at a rate of 3.5% per year. Write an exponential decay function, then find the population of the town after 5 years. (Round to the nearest whole number.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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The population of a town is 2,500 people, and is decreasing at a rate of 3.5% per year. Write an exponential decay function, then find the population of the town after 5 years. (Round to the nearest whole number.)
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