The population in a certain city was 55,000 in 2000, and its future size is predicted to be P(t) = 55,000e0.013t, where t is the number of years after 2000. Complete parts a through d below. a. Does this model indicate that the population is increasing or decreasing? O decreasing increasing b. Use this function to estimate the population of the city in 2007. (Round to the nearest whole number as needed.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
Question
The population in a certain city was 55,000 in 2000, and its future size is predicted to be P(t) = 55,000e0.013t, where t is the number of years after 2000.
Complete parts a through d below.
a. Does this model indicate that the population is increasing or decreasing?
O
decreasing
increasing
b. Use this function to estimate the population of the city in 2007.
(Round to the nearest whole number as needed.)
Transcribed Image Text:The population in a certain city was 55,000 in 2000, and its future size is predicted to be P(t) = 55,000e0.013t, where t is the number of years after 2000. Complete parts a through d below. a. Does this model indicate that the population is increasing or decreasing? O decreasing increasing b. Use this function to estimate the population of the city in 2007. (Round to the nearest whole number as needed.)
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