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Mathematics, 03.03.2022 03:40 JamesLachoneus

A city has a population of 62000 people in the year 2000. Due to high unemployment, the city’s population has been decreasing at the continuous rate of 2%. Write the function that gives the value of the population as a function of time t in years.
Find the population of this city in 2025 (let t=25). (Solution: 37,604)
When will the population be 50,000? (Solution 10.7 years)

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