P(t) = P0*(1 - r)t
- P(t) = Population at time t = 80% of P0 = 0.8P0
- P0 = initial population = 10,000
- r = rate of decrease = 3% = 0.03
- t = years
P(t) = P0*(1 - r)t
0.8*(10,000) = (10,000)*(1 - 0.03)t
0.8 = (0.97)t
log(0.8) = log(0.97t)
log(0.8) = t*log(0.97) Log property: log(ab) = b*log(a)
log(0.8)/log(0.97) = t
Use your calculator to get the answer. You can use any base log.