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8 votes
Due to its weakening steel industry, Clay County has been experiencing population decline of 3% every year. The current population is 10,300 people. Assuming the trend continues, what will the population be in 10 years?

2 Answers

9 votes

Final answer:

To find the population in 10 years, apply a 3% decrease each year to the current population. After calculating, the population in 10 years will be approximately 7,038 people.

Step-by-step explanation:

To find the population in 10 years, we need to apply a 3% decrease each year to the current population. We can do this by multiplying the current population by the factor (1 - 3/100) for 10 years.

First, calculate the factor: (1 - 3/100) = 0.97.

Next, multiply the current population by the factor for 10 years: 10,300 * (0.97)^10 = 7,037.94.

Rounding the final answer to the nearest whole number, the population in 10 years will be approximately 7,038 people.

User Liu Silong
by
4.7k points
7 votes

Answer: 7,595

Step-by-step explanation:

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User Tanvir Ahmed
by
3.6k points