Answer: Hence, the value of x is 8.3%.
Step-by-step explanation:
Since we have given that
The number of fish in a lake decreases by x% each year.
Given : The number of fish halves in 8 years.
Let N be the number after 8 years.
So, our equation becomes:
![\dfrac{N}{2}=N(1-\dfrac{x}{100})^8\\\\\dfrac{1}{2}=(1-0.01x)^8\\\\0.5=(1-0.01x)^8\\\\\sqrt[8]{0.5}=1-0.01x\\\\0.917=1-0.01x\\\\0.917-1=-0.01x\\\\-0.0829=-0.01x\\\\\dfrac{0.0829}{0.01}=x\\\\8.3\%=x](https://tex.z-dn.net/?f=%5Cdfrac%7BN%7D%7B2%7D%3DN%281-%5Cdfrac%7Bx%7D%7B100%7D%29%5E8%5C%5C%5C%5C%5Cdfrac%7B1%7D%7B2%7D%3D%281-0.01x%29%5E8%5C%5C%5C%5C0.5%3D%281-0.01x%29%5E8%5C%5C%5C%5C%5Csqrt%5B8%5D%7B0.5%7D%3D1-0.01x%5C%5C%5C%5C0.917%3D1-0.01x%5C%5C%5C%5C0.917-1%3D-0.01x%5C%5C%5C%5C-0.0829%3D-0.01x%5C%5C%5C%5C%5Cdfrac%7B0.0829%7D%7B0.01%7D%3Dx%5C%5C%5C%5C8.3%5C%25%3Dx)
Hence, the value of x is 8.3%.