Problem

The function $g$ models the anticipated population of an Ohio town in terms of the number of years since 2015 $g(n)=100,000(0.80)^{n}$.
By what percentage does this population change each year as the number of years changes from $2015 ?$
$-20 \%$
$-80 \%$
$120 \%$
$20 \%$
$80 \%$

Answer

Expert–verified
Hide Steps
Answer

Final Answer: The population changes by approximately \(\boxed{-20\%}\) each year.

Steps

Step 1 :The function \(g(n)=100,000(0.80)^{n}\) models the population of the town. The base of the exponent, 0.80, represents the rate of change each year. Since it is less than 1, it indicates a decrease in population each year.

Step 2 :The percentage change can be calculated as \((1 - 0.80) * 100\%\).

Step 3 :Final Answer: The population changes by approximately \(\boxed{-20\%}\) each year.

link_gpt