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A city's population is declining continuosuly at a rate of 6.1% each year. If the population of the city is currently 435,410, what will the population of the city be in 8 years? 

 Jan 4, 2017
 #1
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P = 435410 ( 1 − .061)^8   ≈  263162

 

 

cool cool cool

 Jan 4, 2017
 #2
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Future population = Current population [1 + (-0.061)]^Number of years.

FP = 435,410 x [0.939]^8

FP = 435,410 x 0.6044

FP =~~263,162 people.

 Jan 4, 2017

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