QUESTION IMAGE
Question
a town has a population of $2.35 \times 10^4$ and shrinks at a rate of 9.1% every year. which equation represents the town’s population after 2 years?
answer
\\( \circ \\ p = (2.35 \times 10^4)(1 + 0.091)^2 \\)
\\( \circ \\ p = (2.35 \times 10^4)(0.09)^2 \\)
\\( \circ \\ p = (2.35 \times 10^4)(1 - 0.091)(1 - 0.091)(1 - 0.091)(1 - 0.091) \\)
\\( \circ \\ p = (2.35 \times 10^4)(0.909)^2 \\)
Step1: Identify decay rate factor
The population shrinks by 9.1%, so the remaining population each year is $1 - 0.091 = 0.909$.
Step2: Set up decay formula
For exponential decay over $t$ years, the formula is $P = P_0(1 - r)^t$, where $P_0=2.35\times10^4$, $r=0.091$, $t=2$. Substitute values:
$P = (2.35\times10^4)(0.909)^2$
Step3: Eliminate incorrect options
- Option1 uses growth factor $(1+0.091)$, wrong for shrinkage.
- Option2 uses only the decay rate, not remaining population.
- Option3 applies decay 4 times, not 2 years.
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$P = (2.35 \times 10^4)(0.909)^2$