The population of a small town is decreasing exponentially at a rate of 14.3% each year. The current population is 9,400 people. The town's tax status will change once the population is below 6,000 people.   Create an inequality that can be used to determine after how many years, t, the town's tax status will change, and use it to answer the question below. Will the town's tax status change within the next 3 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
Problem 1AGP
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The population of a small town is decreasing exponentially at a rate of 14.3% each year. The current population is 9,400 people. The town's tax status will change once the population is below 6,000 people.
 

Create an inequality that can be used to determine after how many years, t, the town's tax status will change, and use it to answer the question below.

Will the town's tax status change within the next 3 years?

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