SOLUTION: The population is decreasing at a rate of 5% per year. If the population is 28,400 today, what will the population be in 8 years? Round your answer to the nearest whole number, if

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: The population is decreasing at a rate of 5% per year. If the population is 28,400 today, what will the population be in 8 years? Round your answer to the nearest whole number, if       Log On


   

Question 1171416: The population is decreasing at a rate of 5% per year. If the population is 28,400 today, what will the population be in 8 years? Round your answer to the nearest whole number, if necessary.
Answer by CubeyThePenguin(3113) About Me  (Show Source):
You can put this solution on YOUR website!
28,400(1 - 5%)^8 = 18,841 (rounded down to the nearest integer)