Math  /  Algebra

QuestionTwo towns experience changes in population. Equations modelling the population of each town, where PP is population and tt is the number of years after January 1, 2021, are shown below.  Town A PA=7000(0.93)t Town B PB=2500(1.12)t\begin{array}{c} \text { Town A } \rightarrow P_{A}=7000(0.93)^{t} \\ \text { Town B } \rightarrow P_{B}=2500(1.12)^{t} \end{array}
The number of years, to the nearest tenth, that it will take for the population of the two towns to be the same. t= years t=\square \text { years }

Studdy Solution

STEP 1

1. The population of Town A is decreasing exponentially, while the population of Town B is increasing exponentially.
2. We need to find the time t t when the populations of both towns are equal.

STEP 2

1. Set the population equations equal to each other.
2. Solve the resulting equation for t t .
3. Round the solution to the nearest tenth.

STEP 3

Set the population equations of the two towns equal to each other:
7000(0.93)t=2500(1.12)t 7000(0.93)^t = 2500(1.12)^t

STEP 4

To solve for t t , we need to isolate t t . Start by dividing both sides by 2500 2500 :
70002500(0.93)t=(1.12)t \frac{7000}{2500}(0.93)^t = (1.12)^t
Simplify the fraction:
2.8(0.93)t=(1.12)t 2.8(0.93)^t = (1.12)^t

STEP 5

Take the natural logarithm of both sides to bring down the exponents:
ln(2.8)+tln(0.93)=tln(1.12) \ln(2.8) + t \ln(0.93) = t \ln(1.12)
Rearrange the equation to solve for t t :
ln(2.8)=tln(1.12)tln(0.93) \ln(2.8) = t \ln(1.12) - t \ln(0.93)
Factor out t t from the right side:
ln(2.8)=t(ln(1.12)ln(0.93)) \ln(2.8) = t (\ln(1.12) - \ln(0.93))
Solve for t t :
t=ln(2.8)ln(1.12)ln(0.93) t = \frac{\ln(2.8)}{\ln(1.12) - \ln(0.93)}

STEP 6

Calculate the value of t t using a calculator and round to the nearest tenth:
tln(2.8)ln(1.12)ln(0.93)14.3 t \approx \frac{\ln(2.8)}{\ln(1.12) - \ln(0.93)} \approx 14.3
The number of years it will take for the populations to be the same is:
14.3 years \boxed{14.3} \text{ years}

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