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Questions 37 and 38 refer to the following information The population of a small town is currently 800 A statistician estimates that the population of the town will decline by 14 percent per year for the next five years The statistician models the population P of the town after x years using the equation P 800 k 37 38 In the equation above what value should be used for k According to the statistician s model what will the population of the town be to the nearest whole number after five years
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