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The population of a city decreases by 
1% per year. What should we multiply the current population by to find next year's population in one step?
Answer:

The population of a city decreases by 1% 1 \% per year. What should we multiply the current population by to find next year's population in one step?\newlineAnswer:

Full solution

Q. The population of a city decreases by 1% 1 \% per year. What should we multiply the current population by to find next year's population in one step?\newlineAnswer:
  1. Calculate Percentage Decrease: Determine the percentage decrease in population. Since the population decreases by 1%1\% per year, we can represent this decrease as a percentage of the current population. To find the factor by which the population decreases, we subtract the percentage decrease from 100%100\%.
  2. Find Multiplication Factor: Calculate the factor to multiply the current population by.\newline100%1%=99%100\% - 1\% = 99\%\newlineTo convert this percentage into a decimal factor, we divide by 100100.\newline99%/100=0.9999\% / 100 = 0.99\newlineThis means that to find next year's population, we should multiply the current population by 0.990.99.

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