Answer:
year 4
Explanation:
You want to know when a population of 7500 that grows to 9000 in year one will exceed a population of 32,000 that declines to 25,600 in year one if the exponential changes continue at the same rate.
Change rate
The growth factor for the population of Kingsfield is ...
9000/7500 = 1.2 . . . . . a 20% per year growth rate
The growth factor for the population of Queensville is ...
25,600/32,000 = 0.8 . . . . a 20% per year decay rate
Exponential model
Given that the starting populations are defined for year 1, the populations can be modeled as ...
k(t) = 7500·1.2^(t-1)
q(t) = 32000·0.8^(t-1)
We want to know when the populations are equal, so we want to solve ...
k(t) = q(t)
7500·1.2^(t-1) = 32000·0.8^(t-1)
Solution
Dividing by the left side gives ...
1 = (32000/7500)·(0.8/1.2)^(t-1)
Taking logarithms, we have ...
0 = log(320/75) +(t -1)·log(8/12)
t = log(64/15)/log(3/2) +1 ≈ 4.578
The population of Kingsfield will exceed that of Queensville during year 4.
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