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1 January, 21:09

The population is decreasing at a rate of 5% per year. If the population is 30,000 today, what will the population be in 12 years?

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  1. 1 January, 21:25
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    16200

    Step-by-step explanation:

    30000 * (1-0.05) ¹² = 30000 * 0.54 = 16200

    1st year : 30000 * (1-0.05) = 28500

    2nd year: 28500 * (1-0.05) = 30000 * (1-0.05) ² = 27075

    ...

    12th year: 30000 * (1-0.05) ¹² = 16200
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