in 2022 the is a population of 360000 with a annual population decline of 2.7% what would the population be in 5 years 10 years and 20 years

Answer 1

To calculate the population in 5, 10, and 20 years, we can use the formula:

Population = Initial Population * (1 - Annual Decline Rate)^Number of Years

Let's calculate the population for each given time frame:

Population in 5 years:
Population = 360,000 * (1 - 0.027)^5
Population ≈ 360,000 * (0.973)^5
Population ≈ 360,000 * 0.886
Population ≈ 318,960

Population in 10 years:
Population = 360,000 * (1 - 0.027)^10
Population ≈ 360,000 * (0.973)^10
Population ≈ 360,000 * 0.813
Population ≈ 292,680

Population in 20 years:
Population = 360,000 * (1 - 0.027)^20
Population ≈ 360,000 * (0.973)^20
Population ≈ 360,000 * 0.670
Population ≈ 241,200

Therefore, the estimated population in 5 years would be approximately 318,960, in 10 years would be approximately 292,680, and in 20 years would be approximately 241,200.