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Mathematics, 06.03.2021 18:30 erick6785
He population of a small town is decreasing at a rate of 3% each year. The following table shows a projection of the population, N, after t years.
Years Population
0 8,500
1 8,245
2 7,998
3 7,758
4 7,525
If the population of the small town is currently 8,500 people, how many years will it take for the population to reach 5,500 people?
14.3 years
13.3 years
14.7 years
13.7 years
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