Answer:
1) A
2) B
Step-by-step explanation:
For this problem we use exponential growth formulas
[tex]y = y_0(1 + r) ^ t[/tex] if the population increases when t increases
[tex]y = y_0(1-r) ^ 2[/tex] If the population decreases when t increases
Where and is the population as a function of time, [tex]y_0[/tex] is the initial population, r is the growth rate, t is the time in years.
1) In this situation we have that [tex]y_0 = 48000[/tex], the growth is 2.4%, then [tex]r = 0.024[/tex] and [tex]t = 10[/tex] and the equation is:
[tex]y = 48000(1 + 0.024) ^ {10}[/tex]
[tex]y = 48000(1.024) ^ {10}[/tex] -------- Option A)
2) In this situation we have that [tex]y_0 = 82000[/tex], the decrease is 1.7%, then [tex]r = 0.017[/tex] and [tex]t = 5[/tex] and the equation is:
[tex]y = 82000(1-0.017) ^ 5[/tex]
[tex]y = 82000(0.983) ^ 5[/tex] -------- Option B)