Question

The population of a small town is 39,668 and has been continuously declining at a 1.5% a year what will the population be in 13 years

Answer 1

Answer: 31, 932.74

Explanation:

The population of the small town = 39,668

Yearly rate of decline = 1.5%

Therefore, to calculate 1.5% of 39,668 = 1.5 x 39,668

------------------

100

= 595.02

So, the population is declining by 595.02 on yearly basis.

To ascertain what will the population would have declined to in the next 13 years,

We multiply , = 595.02 x 13

=7,735.26

Now population in 13 years = 39,668 - 7,735.26

= 31,932.74