SOLUTION: The population of panda decreases by 5% every year. There are currently 1 600 panda residing in China. Arthika says p(t)=1600(0.05)^t will model the given situation, where p (t)

Question 888089: The population of panda decreases by 5% every year. There are currently 1 600 panda residing in China. Arthika says p(t)=1600(0.05)^t will model the given situation, where p (t) represents the population of pandas and represents the number of years from now. Unfortunately, the model is incorrect. How can we CHANGE the situation such that Arthika�s model IS correct?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
The 0.05 should be 1-0.05 = 0.95

So the equation should be p(t) = 1600(0.95)^t

and this accurately models the annual 5% decrease in population.
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