We know that the population is declining at a rate of 14% per year.
The expression is:
N ( x ) = 206 * ( 0.86 ) ^ x
where x stays for years.
If we want to find the rate at which the population is declining per month we have to find:
![\sqrt[12]{0.86} = 0.9875](https://img.qammunity.org/2019/formulas/mathematics/college/jy4jcccomi5ujz0f2yhm1dy625j6ciqdwy.png)
And 0.9875 ≈ 0.99
There are 12 months in a year so the exponent is: x/12
Answer:
b. ( .99 ) ^ x/12