Question 948907
a=starting amount; b=decay rate (decreasing subtract from 1)(1-r) ; x is time;
r=rate=2.9%=0.029
x=2015-2005=10 years
This equation should be written:
{{{Y = a*b^x}}}	  
{{{Y=a(1-r)^x}}}
{{{Y=148220(1-0.029)^10}}}
{{{Y=148220(.971)^10}}}
Y=148220(.745)=110433 ANSWER: The population at this rate of decline will be 110,433 in 2015.