When Lisa first moved to Rose Valley one decade ago, it had a population of 82,400 people. Today, it has a population of 79,928 . Lisa heard on the news that the population of Rose Valley is expected to continue decreasing each decade. Write an exponential equation in the form \( y=a(b)^{x} \) that can model the population of Rose Valley, \( y \), x decades after Lisa moved there. Use whole numbers, decimals, or simplified fractions for the values of a and \( b \). \[ y=\square \text { (iD) } \] To the nearest hundred people, what can Lisa expect the population of Rose Valley to be 3 decades after moving there?
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To model the population of Rose Valley, we can start with the initial population when Lisa moved there, which is \( a = 82,400 \). The current population is \( 79,928 \), so we calculate the population decrease over one decade as follows: \[ b = \frac{79,928}{82,400} \approx 0.9706 \] This gives us the exponential equation: \[ y = 82,400 \times (0.9706)^{x} \] To find the expected population 3 decades after Lisa moved, substitute \( x = 3 \): \[ y = 82,400 \times (0.9706)^{3} \approx 82,400 \times 0.9121 \approx 75,187 \] Rounding to the nearest hundred, Lisa can expect the population of Rose Valley to be about **75,200** people in 3 decades.