8. The current population of the giant panda is approximately 1600. Suppose the population is decreasing by 1.5% each year. a) Does this situation represent exponential growth or exponential decay? How do you know? b) Identify the initial value, rate of growth/decay and growth/decay factor Initial Value: Rate of growth/decay:_ Growth/decay factor: c) Write an equation function to model the number of pandas P(n) depending on the number of years (n).

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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8. The current population of the giant panda is approximately 1600. Suppose the population
is decreasing by 1.5% each year.
a) Does this situation represent exponential growth or exponential decay? How do you
know?
b) Identify the initial value, rate of growth/decay and growth/decay factor
Initial Value:
Rate of growth/decay:
Growth/decay factor:
c) Write an equation function to model the number of pandas P(n) depending on the number
of years (n).
Transcribed Image Text:8. The current population of the giant panda is approximately 1600. Suppose the population is decreasing by 1.5% each year. a) Does this situation represent exponential growth or exponential decay? How do you know? b) Identify the initial value, rate of growth/decay and growth/decay factor Initial Value: Rate of growth/decay: Growth/decay factor: c) Write an equation function to model the number of pandas P(n) depending on the number of years (n).
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