I need help! Jeff sold half of his comic book collection. Two years later he decides to start collecting again. After buying 12
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Based on the current population and the rate of decrease, the population in five years will be 88,529 people.
<h3>What is the rate of change of the amount?</h3>Rate of change is used to mathematically describe the percentage change in value over a defined period of time, and it represents the momentum of a variable.
This can be found by the formula:
= Current population x ( 1 - rate%) ^ number of years
Given that,
Current population = 100,000, rate = 3%, number of years = 4
= 100,000 x
= 100,000 x 0.88529281
= 88,529 people
Hence, The population in five years will be 88,529 people.
To learn more about rate of change from the given link:
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