statistics

Starting In the year 2012. the number of speeding tickets Issued each year in Middletown Is predicted to grow according to an exponential growth model. During the year 20% Middletown Issued 180 speeding tickets (Pa = 180). Every year thereafter. the number of speeding tickets issued is predicted to grow by 5%. If P,. denotes the predicted number of speedlngtickets during the year 2012 + n. then Write the recursive formu Ia for 13',I Pn=[:x Pni Write the explicit formula for 15',I If this trend contlnues. how many speeding tickets are predicted to be Issued in 2029? Ination causes things to cost more. and for our money to buy less (hence your grandparents saying "In my day, you could buy a cup of coffee for a nickel"). Suppose ination decreases the value of money by 4% each year. In other words, lfyou have 51 this year' next year it will only buy you $0.96 worth of stuff. How much will $100 buy you in 15 years? Express the equation in exponential form (a) log, 32 = 5. That is. write your answer In the form 2" = B. Then and (b) 1035625 = 4. That is. write your answer In the form 5c: = D. Then and Let P0?) = 8000(1115)l be the population of a town t years after the year 2000. Estimate In which year the population will reach 10211