The population of a town is decreasing at a rate of 1.1% each year. If there are 3,000 people in the town right now, how many people will be living in the town in 10 years?
Answer (2)
3000 x 1.1% = 33
each year there are 33 less people living in town so in 10 years: 33 people x 10 yrs = 330
3000 - 330 = 2670 people
The population of the town is expected to be around 2,670 people in 10 years. This is based on an annual decrease of 1.1%, equating to a total loss of 330 people over that period. Therefore, the population decreases significantly over time.
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