Solved

Provide an Appropriate Response Q=Q0×(1+r)t\mathrm { Q } = \mathrm { Q } _ { 0 } \times ( 1 + \mathrm { r } ) ^ { \mathrm { t } }

Question 5

Multiple Choice

Provide an appropriate response.
-The population of a town with an initial population of 64,546 is decreasing at a rate of 3.7% per year. Create an exponential function of the form Q
Q=Q0×(1+r) t\mathrm { Q } = \mathrm { Q } _ { 0 } \times ( 1 + \mathrm { r } ) ^ { \mathrm { t } }


A) Q=64,546×(1.037) t\mathrm { Q } = 64,546 \times ( 1.037 ) ^ { \mathrm { t } }
B) Q=64,546×(0.963) tQ = 64,546 \times ( 0.963 ) ^ { t }
C) Q=64,546×(2.7) tQ = 64,546 \times ( - 2.7 ) ^ { t }
D) Q=64,546×(1.074) t\mathrm { Q } = 64,546 \times ( 1.074 ) ^ { \mathrm { t } }

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions