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I just need a formula. A city’s population is declining continuously at a rate of 6.1% each year. If the population of the city is currently 435,410, what will the population of the city be in 8 years?
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Fairly sure it is Original number x multiplier^years So in this case you do \[435410 x 0.939^{8}\] The multiplier for a decreasing statistic is 1-(%/100)
@TripleC how did you get 0,939?
*.939
That's the multipler so you just use that formula I posted 1-(6.1/100) which = .939 :)
Ah thanks!
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No problem, if you have one where the population is increasing, just replace the - with a + :)
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