The change in population of a town is modeled by the function p(t) = 50,000 x (0.91)t, where p(t) is the total population after a given number of years, t. What is the percent rate of change, and how is it interpreted in the context of the problem?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The change in population of a town is modeled by the function p(t) = 50,000 x (0.91)t, where p(t) is the total population after a given number of years, t. What is the percent rate of change, and how is it interpreted in the context of the problem? 

O The percent rate of change is 9%, which means the population is increasing by 9% per year.
O The percent rate of change is 9%, which means the population is decreasing by 9% per year.
O The percent rate of change is 91%, which means the population is increasing by 9% per year.
O The percent rate of change is 91%, which means the population is decreasing by 9% per year.
Transcribed Image Text:O The percent rate of change is 9%, which means the population is increasing by 9% per year. O The percent rate of change is 9%, which means the population is decreasing by 9% per year. O The percent rate of change is 91%, which means the population is increasing by 9% per year. O The percent rate of change is 91%, which means the population is decreasing by 9% per year.
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