The population of a small town was 10,800 in 2002. Since then the population has decreased at a rate of 2.5% each year. Write an
exponential function to model the situation then find the population of 2020
1 answer:
Answer:
See below
Step-by-step explanation:
A 2.5 % decrease means 97.5 % remains (.975)
population = 10800 ( .975) ^n where n = years past 2002
in 2020 n = 18
10800 (.975)^18 = 6847 people
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