The population of a midwestern city follows the exponential law. If the population decreased from 900,000 to 800,000 from 1993 to 1995, what will the population be in 1997?
Extra: What is the population in 2008?
At t = 0, P = 900,000 therefore and so .
Substitute t = 2, P = 800,000 and solve for k:
.... (I'd suggest getting an answer correct to five decimal places).
Now substitute the values of t corresponding to 1997 and 2008 and solve for P in each case.