Mind giving me help on this?? :0
1 answer:
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Answer:
Step-by-step explanation:
There was a population of 108000 in a small town in 2002. Since then, the population has decreased at a rate of 2.5% each year.
Therefore, the population is decreasing at a compound rate of 2.5% each year.
Now, using the formula of compounding we can write if p is the population after t years, then
⇒ (Answer)