The population of a small rural town in lowa went from 5700 people in 1998 to 7945 in 2005. What is the rate of change in the population for this town?

1 Answer
Dec 7, 2016

The town had a 39.4% change from 1998 to 2005

Explanation:

The percentage or rate of change between two numbers over time can be calculated using the formula:

p=NOO100 where p is that percentage or rate of change, N is the New Value and O is the Old Value. We are given the New Value (7945) and the Old Value (5700) which we can substitute into the formula and solve for p:

p=794557005700100

p=22455700100

p=2245005700

p=39.4% rounded to the nearest tenth of a percent.