Question

A mill in a town with a population of 550 closes and people begin to move away. Find a possible formula for the number of people P in year t if each year one-fourth of the remaining population leaves. NOTE: Enter the exact answer. P(t) =

Answer 1

The formula for the number of people P in year t is P(t) = 550 x (1 - 1/4)^t.

Step-by-step explanation:

The formula for the number of people P in year t can be given as:

P(t) = 550 x (1 - 1/4)^t

Here, P(t) represents the number of people in year t, 1/4 represents one-fourth of the remaining population leaving each year, and t represents the number of years that have passed since the mill closed.

Learn more about Population decline