Math Problem Statement

the town of aldrige has a population of 300,000. each year the polulation will decrease by 7%how many fewer people will live there after 5 years give your answer to 3 sf

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Decay
Population Growth/Decay
Percentage Decrease

Formulas

P = P0 × (1 - r)^t

Theorems

Exponential Decay Theorem

Suitable Grade Level

Grades 9-11