The population of Algebra City is approximately 314,159 people, but the rate decreases at 2.7% each year. About how many people will live in Algebra City in 9 years?

245,564people

Step-by-step explanation:

The population of Algebra City is approximately 314,159 people, but the rate decreases at 2.7% each year. About how many people will live in Algebra City in 9 years?

We solve for the above question using the formula for Exponential decrease. =

P(t).= Po(1 - r)^t

Where

P(t) = ?

Po = Initial population = 314159

r = 2.7% = 0.027

t = time = 9 years

P(t) = 314159(1 - 0.027)⁹

= 245564.2088

Approximately to the nearest whole number = 245,564people