On Jan 1, 2010, Chessville has a population of 50,000 people. Chessville then enters a period of population growth. Its population increases 7% each year. On the same day, Checkersville has a population of 70,000 people. Checkersville starts to experience a population decline. its population decrease 4% each year. During what year will the population Chessville first exceed that of Checkersville? Show work and explain steps.
My answer is 3.16. Is this correct?
1 answer
Actually my answer is 3.11.