exponential growth and decay question?
The population of Edison, NJ in the year 2010(t=0) was 99,967. In 2018(t=8), the population of Edison was estimated to be 100,693.You may round any decimals to three places.a.Find an exponential model of the form Poe^kt to model Edison’s population.b.Does this model represent exponential growth or exponential decay? Explain.
- BryceLv 71 month ago
a. 100,693= 99,967e^(8k)
P(t)= 99,967e^(0.0009045*t), t= years after 2010.
b. This model represents exponential growth.