SOLUTION: A population initially contains 1000 individuals. Each year, 4% of the population is lost, and 6% is gained, what is the size of the population after 7 years?

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Question 873478: A population initially contains 1000 individuals. Each year, 4% of the population is lost, and 6% is gained, what is the size of the population after 7 years?
Answer by josgarithmetic(39626) About Me  (Show Source):
You can put this solution on YOUR website!
Best understanding is a 2% increase each year.
p=1000%281.02%29%5Et; t in years, p is population size in count of people.
At t=7, p=1000%281.02%29%5E7=1148, truncated.