The population of Denmark is 6.6 million people. Every year after, the population is expected to go down at a rate of 8.7%. Write an equation to represent this situation.

Solution

Solution

Amount after addition : 7.1742

Solution steps

Translate the problem into an equation:

x = 6.6 + 0.087 \cdot 6.6

x = 6.6 + 0.087 \cdot 6.6 : x = 7.1742

Amount after addition : 7.1742

Popular Examples

You deposit 2000 in an account earning 6% interest compounded continuously. How much will you have in the account in 10 years?If you borrow 1500 for 5 years at an annual interest rate of 5% , what is the total amount of money you will pay back?If 300 is invested at an interest rate of 5.5% per year, find the amount of the investment at the end of 15 years The sum of 5 consecutive integers is 120:What is the third number in this sequence?Alexa opened a savings account and deposited 800.00. The account earns 5% interest, compounded annually. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?