document.write( "Question 1008130: The number of restaurants in a city that had 150 restaurants in 2002 is decreasing at a rate of 4% per year. i need to write an exponential function and then see how many restaurants will be there in 2020. I cant figure it out. \n" ); document.write( "
Algebra.Com's Answer #623907 by fractalier(6550)\"\" \"About 
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We use the relationship
\n" ); document.write( "A(t) = Ao*(1-r)^t
\n" ); document.write( "so that when we plug in we get (2020-2002 = 18 years)
\n" ); document.write( "\"A%282020%29+=+A%282002%29%2A%281+-+.04%29%5E%282020-2002%29\"
\n" ); document.write( "A(2020) = 150*(.96)^18 = 71.9 or about 72 restaurants left
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