The population of a town is decreasing at a rate of 1.1% each year. If there are 3,000 people in the town right now, how many pe
ople will be living in the town in 10 years? Round your answer to the nearest whole number.
2 answers:
total = 3000*(1-0.011)^10
1-0.011 = 0.989
total = 3000*(0.989)^10
0.989^10 = 0.895288314
3000* 0.895288314 = 2685.86
rounded to nearest whole number = 2686
there will be 2686 people
The formula is
P=Ae^-rt
P ?
A 3000
R 0.011
T 10 years
P=3,000×e^(−0.011×10)
P=2,687.5 round your answer to get
P=2688
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