The population of a town is 14,000 and is decreasing at a rate of 1.5% each year. Write an exponential decay equation to find the population of the town after 10 years. Give the number as your response below.

the population after 10 years is 12036

Step-by-step explanation:

We would apply the formula for exponential growth which is expressed as

A = P(1 - r)^ t

Where

A represents the population after t years.

t represents the number of years.

P represents the initial population.

r represents rate of growth.

From the information given,

P = 14000

r = 1.5% = 1.5/100 = 0.015

t = 10 years

Therefore, the exponential decay equation to find the population of the town after 10 years is

A = 14000(1 - 0.015)^10

A = 14000(0.985)^10

A = 12036

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step-by-step explanation: