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Exponential growth/decay problem 2

Exponential growth/decay problem 2-example-1
User Neda Derakhshesh
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1 Answer

23 votes
23 votes

Answer:

a) decay

b) 2,950,000

c) 0.025

d)
f(x)=2950000(0.975)^x

e) 2,409,123

Explanation:

Part (a)

Exponential DECAY, since the population was decreasing annually.

Part (b)

Initial amount = 2,950,000 people (in the year 2000)

Part (c)

Decay factor = 2.5% = 0.025 (in decimal form)

Part (d)

General form of exponential decay function:


f(x)=a(1-r)^x

where:

  • a = initial amount
  • r = rate of decay (in decimal form)
  • x = time (in years)

Given:

  • a = 2950000
  • r = 0.025


\implies f(x)=2950000(1-0.025)^x


\implies f(x)=2950000(0.975)^x

Part (e)

To determine the city's population in 2008:


x = 2008 - 2000 = 8


\begin{aligned}\implies f(8) & =2950000(0.975)^8\\ & = 2409123\: \sf(nearest\:whole\:number)\end{aligned}

User Geanine
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