QuestionThe town's population decreases by yearly. If , find in exact form.
Studdy Solution
STEP 1
Assumptions1. The population decreases at a rate of8% per year.
. The population at a certain fixed time is represented by .
3. The population1 year later is represented by .
4. We need to find , which represents the population years later.
STEP 2
The function represents the composition of the function with itself. This means we apply the function twice.
STEP 3
First, we apply the function to . This gives us the population1 year later.
STEP 4
Now, we apply the function to the result of , which is . This gives us the population2 years later.
STEP 5
Substitute into the function to find the population2 years later.
STEP 6
Perform the multiplication to find the exact form of .
So, .
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