Attendance at the Fireman's Ball has been declining. Each year, the number attending is 2/3 of the previous year's attendance and the cost of food is 3/4 that of the previous year.
1) In what year will the attendance be less than 1/3 the original attendance?
2) There was $1,200.00 worth of food the first year. What is the difference between the cost of the food in the 2nd and 3rd years?
Please see details in the attached file.
1) the forth year
The solution is comprised of detailed solution of application of fraction and exponential function in the real life scenario.