This equation is all about the exponential growth and decay functions. In which “the population P (in thousands) of Austin, Texas, during a recent decade can be approximated by y=494.29(1.03)^t, where t is the number of years since the beginning of the decade. (In which fill in the blank parts and the fill it in with the boxes below. Image is shown
This equation is all about the exponential growth and decay functions. In which “the population P (in thousands) of Austin, Texas, during a recent decade can be approximated by y=494.29(1.03)^t, where t is the number of years since the beginning of the decade. (In which fill in the blank parts and the fill it in with the boxes below. Image is shown
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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This equation is all about the exponential growth and decay functions. In which “the population P (in thousands) of Austin, Texas, during a recent decade can be approximated by y=494.29(1.03)^t, where t is the number of years since the beginning of the decade. (In which fill in the blank parts and the fill it in with the boxes below. Image is shown

Transcribed Image Text:a. Does this function represent exponential growth or exponential decay?
It represents exponential
b. What is the annual percent increase or decrease in the population?
The annual percenti
| isi
%.
c. When was the population about 590,000?
The population is about 590,000 about
i year(s) after the start of the decade.
:: 1
:: 2
: 3
:: 4
:: 5
: 6
: 7
:: 0.01
:: 0.02
:: 0.03
: 0.04
:: 1.03
: decay
: growth
: decrease
:: increase
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