Help with number 15 please ?!

Step-by-step explanation:

15)We would apply the formula for exponential growth which is expressed as

y = b(1 + r)^t

Where

y represents the population of students after t years.

t represents the number of years.

b represents the initial population of students.

r represents growth rate.

From the information given,

b = 9

r = 15% = 15/100 = 0.15

Therefore, the exponential growth function is

y = 9(1 + 0.15)^t

y = 9(1.15)^t

In 2008, t = 2008 - 2001 = 7 years

y = 9(1.15)^7

y = 24 students

16) the formula for exponential decay is expressed as

y = b(1 - r)^t

b = 24500

r = 4% = 4/100 = 0.04

Therefore, the exponential decay function is

y = 24500(1 - 0.04)^t

y = 24500(0.96)^t

In 2020, t = 2020 - 1970 = 50 years

y = 24500(0.96)^50

y = 3182 people

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