document.write( "Question 277891: The population of a small town has been gradually decreasing over the past number of years. The equation: A = 1236(.97)t, where t is time in years, models the decrease in the town’s population.\r
\n" ); document.write( "\n" ); document.write( "In how many years will it take for the population to reach 846 people? (Round to the nearest hundredth of a year.)
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Algebra.Com's Answer #202309 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
your formula should read:\r
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\n" ); document.write( "\n" ); document.write( "A = 1236 * (.97)^T where:\r
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\n" ); document.write( "\n" ); document.write( "A is the future population.
\n" ); document.write( "T is the time in years.\r
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\n" ); document.write( "\n" ); document.write( "The ^ indicates exponentiation.\r
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\n" ); document.write( "\n" ); document.write( "According to the equation model, the initial population is 1236.\r
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\n" ); document.write( "\n" ); document.write( "The general form of the equation is:\r
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\n" ); document.write( "\n" ); document.write( "F = P * (1+G)^T where:\r
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\n" ); document.write( "\n" ); document.write( "F = the future population
\n" ); document.write( "P = the present population
\n" ); document.write( "G = the annual growth rate
\n" ); document.write( "T = the number of years\r
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\n" ); document.write( "\n" ); document.write( "In your equation:\r
\n" ); document.write( "\n" ); document.write( "F = A
\n" ); document.write( "P = 1236
\n" ); document.write( "G = -.03 because 1 - .03 = .97
\n" ); document.write( "T = number of years\r
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\n" ); document.write( "\n" ); document.write( "Your equation becomes:\r
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\n" ); document.write( "\n" ); document.write( "A = 1236 * .97^T\r
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\n" ); document.write( "\n" ); document.write( "Since A is the future population, then A becomes 846.\r
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\n" ); document.write( "\n" ); document.write( "Your equation becomes:\r
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\n" ); document.write( "\n" ); document.write( "846 = 1236 * .97^T\r
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\n" ); document.write( "\n" ); document.write( "Divide both sides of this equation by 1236 to get:\r
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\n" ); document.write( "\n" ); document.write( "846/1236 = .97^T\r
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\n" ); document.write( "\n" ); document.write( "Take the log of both sides of this equation to get:\r
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\n" ); document.write( "\n" ); document.write( "log(846/1236) = log(.97^T)\r
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\n" ); document.write( "\n" ); document.write( "Since log(a^b) = b*log(a), your equation becomes:\r
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\n" ); document.write( "\n" ); document.write( "log(846/1236) = T*log(.97)\r
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\n" ); document.write( "\n" ); document.write( "Divide both sides of this equation by log(.97) to get:\r
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\n" ); document.write( "\n" ); document.write( "log(846/1236)/log(.97) = T which is the same as:\r
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\n" ); document.write( "\n" ); document.write( "T = log(846/1236)/log(.97)\r
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\n" ); document.write( "\n" ); document.write( "use your calculator to find the logs which make your equation equal to:\r
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\n" ); document.write( "\n" ); document.write( "T = -.164648108 / -.013228266 = 12.44668886\r
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\n" ); document.write( "\n" ); document.write( "The future population will be 846 in 12.4466886 years.\r
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\n" ); document.write( "\n" ); document.write( "1236 * .97^(12.44668886) = 846\r
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\n" ); document.write( "\n" ); document.write( "Round that to the nearest hundredth of a year and you get:\r
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\n" ); document.write( "\n" ); document.write( "T = 12.45\r
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