Question

Plsss help me !!!!

the public school enrollment of a city is 13,500. Enrollment is declining at a rate of 4.5% per year. predict the enrollment in 5 years.

Answer 1

The enrollment after 5 years is 10,724

Explanation:

Generally, we can have the depreciation formula written as follows;

A = P(1 - r)^t

A is the number of enrollment in after a certain number of years t

P is the initial population which is 13,500

r is the rate of depreciation which is 4.5% = 4.5/100 = 0.045

t = 5 years

Substituting these values, we have it that;

A = 13,500(1-0.045)^5

A = 10,723.84