Tinseltown wants to know if their population is in danger. Their current population is 12,000 people but in 2001 it was 15,321. What is their growth rate?
1 Answer
Dec 29, 2016
The population from 2001 until now has decrease by
Explanation:
The percentage change or rate of change over time can be calculated using the formula:
Where:
Substituting these values into the formula and solving gives: