Someone help me with this pls


Solve the equation of exponential decay.

A website had 342,000 hits in 2011. This is a decline of 2.3% from the previous year. Assuming this continued how many hits would the website get in 2019? Round to the nearest thousand.

Respuesta :

Answer:

There will be approx 283908 hits.

Step-by-step explanation:

A website had 342,000 hits in 2011.

This is a decline of 2.3% from the previous year.

Decline rate = 2.3% or 0.023

So, increase rate will be [tex]1-.023=0.977[/tex]

Time = [tex]2019-2011=8[/tex]

We can calculate the answer as:

[tex]342000\times(0.977)^{8}[/tex]

= [tex]342000\times0.83014[/tex]

= 283907.88 rounding to 283908.

Therefore, there will be approx 283908 hits.