The population of a town decreases exponentially at a rate of $$\(1.7 \%\)$$ per year. The population now is 250000 . Calculate the population at the end of 5 years. Give your answer correct to the nearest hundred. .............................................
Exam No：0580_m20_qp_22 Year：2020 Question No：12
Answer:
229500 cao
Knowledge points:
E1.16.1 Use given data to solve problems on personal and household finance involving earnings, simple interest and compound interest. (Includes discount, profit and loss.) (Knowledge of compound interest formula is required.)
Solution:
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