8. The population of Springfield is growing exponentially. The growth can be modeled by the function P=10.055€, where P represents the projected population. I represents the current population of 100,000 in 2012 and t represents the number of years after 2012.
a. To the nearest person, what will the population be in 2022?
b. In what year will the population double in size if this growth rate continues?
9. The value of Steve's car decreases in value according to the exponential decay function: V = Pe-0.127, where V is the current value of
the vehicle, t is the number of years Steve has owned the car and P is the purchase price of the car, $25,000.
a. To the nearest dollar, what will the value of Steve's car be in 2 years?
b. To the nearest dollar, what will the value be in 10 years?
10