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The <em><u>correct answer</u></em> is:
Explanation:
An exponential function is of the form
, where a is the initial population, b is 1 plus the amount of yearly change, and x is the number of years.
For our problem, a, the initial population, is 1500.
The yearly change is 6.3%; 6.3% = 6.3/100 = 0.063. Since it is decreasing, this is negative; 1+(-0.063) = 0.937.
We use t as the number of years.
This gives us
Using proportions, it is found that each of the 6 people got $0.5.
<h3>Proportions:</h3>
- This question is solved by <em>proportions</em>, using a rule of three.
- $3.00 is shared between 6 people, which are Larry, Curly, Moe, Alvin, Simon and Theodore. How much did each people(1 person) get?
The <em>rule of three</em> is:
$3.00 - 6 people
$x - 1 person
Applying cross multiplication:
Each of the 6 people got $0.5.
To learn more about proportions, you can take a look at brainly.com/question/24372153