Question

4. The population of New Haven was 148,220 in 2005. Since then the population has been decreasing at an annual rate of 2.9%. If this rate of decline continues, what will the population be in the year 2015?

Answer 1

too decrease a number by 2.9% multiply it by \(1-.029=.971\)

Answer 2

to decrease it by 2.9% ten times in a row, multiply it by
\[(.971)^{10}\]

Answer 3

Wait, so is the answer 97.1?

Answer 4

no, the answer is
\[148,220\times (0.971)^{10}\] and a calculator

Answer 5

1.4392162? That's what my calculator told me. .