The number of people living in a town is decreasing by 11% per year. if the current population is 12,500. What will the population be in 13 years?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.2: Future Values
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The number of people living in a town is decreasing by 11% per year. if the current population is 12,500. What will the population be in 13 years?

 

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