SOLUTION: the population of a town increases at 5% per annum. the present population is 9261. find populations 3 yrs ago

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: the population of a town increases at 5% per annum. the present population is 9261. find populations 3 yrs ago      Log On


   

Question 274854: the population of a town increases at 5% per annum. the present population is 9261. find populations 3 yrs ago
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
Sorry. I missed the word ago.
Here's the answer.
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9,261(1-.05)^3
9,261(.95)^3
9,261*.8574=7,940 ans.