document.write( "Question 277893: The population of a small town has been gradually decreasing over the past number of years. The equation: A = 1236(.97)t, where t is time in years, models the decrease in the town’s population.\r
\n" ); document.write( "\n" ); document.write( "By what percent is the population decreasing yearly?\r
\n" ); document.write( "\n" ); document.write( "Answer: %
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Algebra.Com's Answer #202313 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
Your formula should read:\r
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\n" ); document.write( "\n" ); document.write( "A = 1236 * .97^T\r
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\n" ); document.write( "\n" ); document.write( "The ^ sign indicates exponentiation.\r
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\n" ); document.write( "\n" ); document.write( "The general formula for population increase or decrease is:\r
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\n" ); document.write( "\n" ); document.write( "F = P * (1+G)^T where:\r
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\n" ); document.write( "\n" ); document.write( "F = future population
\n" ); document.write( "P = present population
\n" ); document.write( "G = annual growth rate
\n" ); document.write( "T = number of years\r
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\n" ); document.write( "\n" ); document.write( "Since your equation is shown as:\r
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\n" ); document.write( "\n" ); document.write( "A = 1236 * .97^T, then:\r
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\n" ); document.write( "\n" ); document.write( "F = A
\n" ); document.write( "P = 1236
\n" ); document.write( "1 + G = .97
\n" ); document.write( "T = number of years.\r
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\n" ); document.write( "\n" ); document.write( "Since 1 + G = .97, this means that G = -.03 because 1 - .03 = .97\r
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\n" ); document.write( "\n" ); document.write( "Your annual growth rate is -.03.\r
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\n" ); document.write( "\n" ); document.write( "That's equivalent to -.03 * 100% = -3% which is a negative 3 percent per year.\r
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