People were in favor of the new hotel=25% of 6000 people.
25% of 6000 people=(25/100)*6000=(25*6000)/100=1500 pople.
1500 people were in favor of the new hotel.
(1.06)0 = 1 and positive powers of 1.06 are larger than 1, thus the minimum value N(t) attains, if t≥0, is 400.
From the point of view of the context, a CD account grows in value over time so with a deposit of $400 the value will never drop to $399.
