A city's population in the year 1960 was $287,500 .$ In 1989 the population was $275,900 .$ Compute the rate of growth of the population and make a statement about the population rate of change in people per year.
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Step 1: Calculate the rate of growth of the population using the formula: \[ r = \frac{{\ln\left(\frac{{P_t}}{{P_0}}\right)}}{{t}} \] where \(P_t = 275,900\), \(P_0 = 287,500\), and \(t = 1989 - 1960 = 29\). Show more…
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A city's population in the year 1960 was $287,500$ . In 1989 the population was $275,900$ . Compute the rate of growth of the population and make a statement about the population rate of change in people per year.
A city's population in the year 1960 was 287,500 . In 1989 the population was 275,900 . Compute the slope of the population growth (or decline) and make a statement about the population rate of change in people per year.
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