Answer:
907,450
Step-by-step explanation:
This is a problem of exponential decay. The population is decreasing at 0.1% per year.
The formula to figure this out is [tex]A=P(1+r)^t[/tex]
Where
A will be the future population (after 50 years)
P is the initial population (which is 954,000)
r is the rate of decrease (which is -0.1% or -0.001)
t is the time in years (which is 50)
Plugging these information into the formula and figuring out A will give us the answer. Shown below:
[tex]A=P(1+r)^t\\A=954,000(1-0.001)^{50}\\A=954,000(0.999)^{50}\\A=907,450.17[/tex]
Since fractional/decimal population is not feasible, we round it off.
The population in 50 years would be around 907,450
