SOLUTION: Between 1985 and 2000, the population of a city decreased by approximately 3% each year. In 1985 there were 450,000 people. What was the population in 2000?

SOLUTION: Between 1985 and 2000, the population of a city decreased by approximately 3% each year. In 1985 there were 450,000 people. What was the population in 2000?

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Question 284972: Between 1985 and 2000, the population of a city decreased by approximately 3% each year. In 1985 there were 450,000 people. What was the population in 2000?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
450,000(1-.03)^15
450(.97)^15
450,000*.633=284,963 PEOPLE IN 2000.
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