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14 June, 09:09

The population of a town is 20,000 and is decreasing at a rate of 5% per year. What is the population after 23 years?

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  1. 14 June, 11:31
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    I believe the answer should be approximately 6,147 because you would plug into the equation y=20,000 (.95) ^t, where t=23.
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