Question

A town has a population of

1.239
×
1
0
5
1.239×10
5
and shrinks at a rate of 9.4% every year. Which equation represents the town’s population after 7 years?

Answer 1

Explanation:

Losing 9.4% per year means 90.6 % ( .906 in decimal) remains

the compounding formula :

Population = 123900 ( .906)^7 would represent the population in 7 years