Formula for profit percentage?
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Answer:
Find out the what function equation represents the population of the city after t years .
To prove
The population of a city is 451,400. The population is expected to decrease at a rate of 3.2% each year.
This can be represented by exponential decreasing function.
Where a is the initial value.
r is the rate in decimal form
t is the time.
Here
a = 451,400
3.2 % is written in the decimal form.
= 0.032
Put in the formula
Therefore the decrease in the population of the city after t years is represented by