The population of a city has been continuously declining over the past 15 years at a rate of 8%. Use the formula A = Pe^rt, where P is the initial population, t is the time in years, to find the population 15 years ago if the population is currently 37,469 people.
Select one:
a. 12,401
b. 102,401
c. 124,401
d. 186,401

Question

The population of a city has been continuously declining over the past 15 years at a rate of 8%. Use the formula A = Pe^rt, where P is the initial population, t is the time in years, to find the population 15 years ago if the population is currently 37,469 people.
Select one:
a. 12,401
b. 102,401
c. 124,401
d. 186,401

anonymous · Answer

i think C.

anonymous · Answer

i was thinking B

anonymous · Answer

why do you think B ?

yanasidlinskiy · Answer

None of the answers are close. You may just want to take a guess.

anonymous · Answer

what is it?

anonymous · Answer

thats what i was thinking . theyre not close but i would guess C. Do what you want to do .

acxbox22 · Answer

these answer choices are not correct

yanasidlinskiy · Answer

Look: 
P = A / (0.92 ^ 15) = 37469 / 0.2863 = 130877

anonymous · Answer

thats what i got... thats why i would just go with the highest number.

yanasidlinskiy · Answer

Just take a guess. And yea. Just go with the highest I guess:)

anonymous · Answer

well the closest would be C

yanasidlinskiy · Answer

Yep!

acxbox22 · Answer

$$x(0.92)^{15}=37469$$
$$x(0.28629740407)=37469$$
$$x \approx 130874.39844 $$

acxbox22 · Answer

according to my answer C is the most reasonable choice