Answer:
96 people.
Step-by-step explanation:
Exponential equation for a decreasing amount:
The exponential equation for a decreasing amount is given by:
[tex]A(t) = A(0)(1-r)^t[/tex]
In which A(0) is the initial rate and r is the decay rate, as a decimal.
Currently, the number of people entering a shopping mall is 109.
This means that [tex]A(0) = 109[/tex]
It is estimated that the number of people entering the shopping mall will decrease by 3% each hour.
This means that [tex]r = 0.03[/tex]
So
[tex]A(t) = A(0)(1-r)^t[/tex]
[tex]A(t) = 109(1-0.03)^t[/tex]
[tex]A(t) = 109(0.97)^t[/tex]
Find the total number of people entering the shopping mall at the end of 4 hours.
This is A(4). So
[tex]A(4) = 109(0.97)^4 = 96.49[/tex]
Rounding to the nearest whole number, 96 people.