Math Problem Statement
The population of a country town is decreasing at a rate of 2% p.a.
How many years will it take for the town's population of 16000 to fall below 10000?
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Exponential Decay
Algebra
Formulas
P(t) = P_0 * (1 - r)^t
t = ln(P(t)/P_0) / ln(1 - r)
Theorems
Logarithmic Properties
Suitable Grade Level
Grades 9-12
Related Recommendation
Calculate Population Decline Over 15 Years with Exponential Decay
Calculate Population Decline with Continuous Exponential Decay Formula
Calculate Year When Population Reaches Zero Based on Constant Decrease
Exponential Decay Model: Decrease in School Students
Predicting Population Decline Using Linear Equations