asked 13.0k views
5 votes
if the population of state is 1,821,000 decreasing by 0.2% every year what will the population be in 5 years PLEASE PLEASE HELP

asked
User Wgpubs
by
8.3k points

2 Answers

5 votes
that would be 1,821,000(1 - 0.002)^5 = 1.802,862 answer

(Note 2% = 0.002 as a decimal fraction.)
answered
User Dilix
by
8.2k points
4 votes

Answer:

1,802,862.

Explanation:

We have been given that the population of state is 1,821,000 decreasing by 0.2% every year. We are asked to find the population of state after 5 years.

We will use exponential decay function to solve our given problem.


y=a\cdot b^x, where,

y = Amount left after x years,

a = Initial amount,

b = For decay b is in form (1-r) where r represents decay rate in decimal form.

x = Number of years.

Let us convert our given rate in decimal form.


0.2\%=(0.2)/(100)=0.002

Upon substituting our given values in above formula we will get,


y=1,821,000 \cdot(1-0.002)^5


y=1,821,000 \cdot(0.998)^5


y=1,821,000 \cdot 0.990039920079968


y=1,802,862.69

Since we can not have 0.69 of a person, therefore, we will round down our answer.


y=1,802,862.69\approx 1,802,862

Therefore, the population of state after 5 years will be 1,802,862.

answered
User Hoseung Choi
by
8.4k points
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