How do you write an exponential function to model the situation, then find the value of the function after 5 years to the nearest whole number. A population of 200 people that decreases at an annual rate of 6%?
We can now write this is a function of time in years leading to
Firs you should consider that if its exponential then it has some form similar to
Well it turns out that if you multiply some value over and over again it has this form. Example we multiply
Now the problem is that it will continue to decrease at the same rate leading to