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A town's population is declining at a rate of 4% a year. If the population is currently 23,840 people, what will the population be in 10 years? (Round your answer to the nearest whole number)

Answer :

MUSICLOVER10045IN

Using the decay formula: Total = start value x (1 - rate)^time

Total = 23,840 x (1-0.04)^10

Total = 23,840 x (0.96)^10

Total = 15,849.61

Rounded to nearest whole number = 15,850

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