Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 12, 2024

The population of a small town is decreasing at a rate of 4% each year. The following table shows a projection of the population ,N,

The population of a small town is decreasing at a rate of 4% each year.

The following table shows a projection of the population ,N, aftert years.

Year Population

0 7,900

1 7,584

2 7,281

3 6,989

4 6,710

If the population of the small town is currently 7,900 people, how many years will it take for the population to reach 4,300 people?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Continuous Pseudometrics

Authors: W W Comfort ,S Negrepontis

1st Edition

0824762940, 978-0824762940

More Books

Students also viewed these Mathematics questions

Question

★★★★★

Mechanical calculators, such as those designed by Pascal and Leibniz, were first developed in the 1600s. However, they were not widely used in businesses and laboratories until the 1800s. Why was...

Answered: 1 week ago

Question

★★★★★

3. On the original IBM-PC the address space for programs was limited to 640K of memory and yet the physical address space was 1 Mbyte meaning the logical address space was smaller than the physical...

Answered: 1 week ago

Question

★★★★★

Q2.12 Assume a random vector x = x1 x2 follows a bivariate Gaussian distribution: Nx j , , where = 1 2 is the mean vector and = 2 1 12 12 2 2 is the covariance matrix. Derive the formula to...

Answered: 1 week ago

Question

★★★★★

On July 1, 2015, Flanagin Corporation issued $2,000,000, 10%, 10-year bonds at $2,271,813. This price resulted in an effective-interest rate of 8% on the bonds. Flanagin uses the effective-interest...

Answered: 1 week ago

Question

★★★★★

The population of a small town is decreasing at a rate of 4% each year. The following table shows a projection of the population ,N, aftert years. Year Population 0 7,900 1 7,584 2 7,281 3 6,989 4...

Answered: 1 week ago

Question

★★★★★

\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} 1,492 & 1,503 & 145 & 135 & 126 & 116 & 106 & 97 & 87 & 77 & 67 & 58 & 48 \\ 1,503 & 1,514 & 146 & 137 & 127 & 117 & 108 & 98 & 88 & 78 & 69 & 59 & 49 \\...

Answered: 1 week ago

Question

★★★★★

[The following information applies to the questions displayed below] Diana and Ryan Workman were married on January 1 of last year. Ryan has an eight-year-old son, Jorge, from his previous marriage....

Answered: 1 week ago

Question

★★★★★

Required information [The following information applies to the questions displayed below.] Diana and Ryan Workman were married on January 1 of last year. Diana has an eight-year-old son, Jorge, from...

Answered: 1 week ago

Question

★★★★★

Problem 3 (25 points). AUM American University Of The Middle East An area can be irrigated by pumping water from a nearby river. Two competing installations are being considered. Pump A Pump B...

Answered: 1 week ago

Question

★★★★★

Crane Company had a January 1 inventory of $296000 when it adopted dollar-value LIFO. During the year, purchases were $1760000 and sales were $3010000. December 31 inventory at year-end prices was...

Answered: 1 week ago

Question

★★★★★

Class Ex. #2 A multi-media production company produces DVDs which cost $3.00 per unit. The fixed costs, including the graphics, are $10 000 irrespective of the number of DVDs produced. Each DVD...

Answered: 1 week ago

Previous Question Next Question