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OpenStudy (anonymous):
Suppose the population of a town is 3,400 in 2000. The population decreases at a rate of 2% every 20 years. What will be the projected population in 2040?
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OpenStudy (amistre64):
40 years is 2 periods of decline ....
OpenStudy (amistre64):
each period we have .98 of the previous period: 1.00 - 0.02
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