Question

The population of a small town in Ohio was 3,800 people in I. It has slowly been decreasing at a rate of 25% per year. What will the population of the town be in 2025?

Answer 1

676 assuming the population is 3800 in 2019. If it's a different year then change t.

Explanation:

`P(t) = P_(0) (1+r)^t \\\\P(6) = 3800(1-.25)^6 \\=P(6) = 3800(.75)^6\\=676`