The population is decreasing at a rate of 5% per year. If the population is 30,000 today, what will the population be in 12 year
s?
1 answer:
Answer:
16200
Step-by-step explanation:
30000 * (1-0.05)¹² = 30000 * 0.54 = 16200
1st year : 30000 * (1-0.05) = 28500
2nd year: 28500 * (1-0.05) = 30000 * (1-0.05)² = 27075
....
12th year: 30000 * (1-0.05)¹² = 16200
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