I'll reward as the Brainliest. The Population of a town decreases Exponentially at a rate of 1.7% per year. The population now is 250,000. Calculate the population at the end of 5 years.
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Answer:
Population after 5 years = 229450
Step-by-step explanation:
Initially population = 25000
Population decreases at the rate of 1.7% per year.
Let P = 250000
r = 1.7%
t = 5 years
So, population at the end of 5 years =
P[1+(r/100)]^t
= 250000[1-(1.7/100)]^5
= 250000[0.983]^5
= 250000[0.9178]
= 229450
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