A town has a population of 1.239 * 10 ^ 5 and shrinks at a rate of 9.4% every year. Which equation represents the town's population after 7 years ? Answer OP P = (1.239 * 10 ^ 5) * (1 - 0.094) ^ 7; P = (1.239 * 10 ^ 5) * (1 + 0.094) ^ 7; P = (1.239 * 10 ^ 5) * (1.094) ^ 7; P = (1.239 * 10 ^ 5) * (0.06) ^ 7

P = (1.239 * 10 ^ 5) * (1 - 0.094) ^ 7;