The population of village is 2500. The population is decreasing exponentially at a rate of 3% per year. Find the number of complete years it takes for the population to first fall below 2000.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 1SE: Explain why the values of an increasing exponentialfunction will eventually overtake the valuesof...
Question

The population of village is 2500. The population is decreasing exponentially at a rate of 3% per year. Find the number of complete years it takes for the population to first fall below 2000.

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