Since this is decreasing exponentially, this is a decay.
Given:
r=rate = 1.5% = .015
Po = the initial population =10,000
The formula is:
P = Po (1- r)t
Where P = resulting population
(a) t = time in years = 5
P = Po (1- r)t
P = 10,000(1-.015)5
P = 10,000(0.985)5
P ≈ 9272
(b)P =5,000
5000 =10000(1-.015)t
1/2 = (0.985)t
Get the natural log (ln) of both sides:
ln(1/2) = t•ln(0.985)
t = ln(1/2) / ln(0.985)
t ≈ 45.86 ≈ 46 years
1998+46 = 2044
Therefore the population will be half around the year 2044.
Lanio O.
Thank you!05/11/21