Solve the problem.Use the formula N = Iekt, where N is the number of items in terms of the initial population I, at time t, and k is the growth constant equal to the percent of growth per unit of time. There are currently 74 million cars in a certain country, decreasing by 3.8% annually. How many years will it take for this country to have 60 million cars? Round to the nearest year.

A. 14 years
B. 4 years
C. 6 years
D. 69 years


Answer: C

Mathematics

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A.

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C.

D.

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