Math Problem Statement
In 2007, a country had a population of 82 comma 700 thousand. At that time, the country's population was declining at a rate of 0.032% per year. If this continues, how long will it take the country's population to reach 82,000 thousand? Use y equals y 0 e Superscript negative 0.00032 t. Question content area bottom Part 1 It will take approximately enter your response here years.
Solution
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Math Problem Analysis
Mathematical Concepts
Exponential Decay
Logarithms
Formulas
Exponential decay formula: y = y₀ e^(-kt)
Natural logarithm to solve for time
Theorems
Properties of Exponential Functions
Logarithmic Properties
Suitable Grade Level
Grades 10-12
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