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The population of a city decreases by 
3% 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 3% 3 \% 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 3% 3 \% per year. What should we multiply the current population by to find next year's population in one step?\newlineAnswer:
  1. Calculate Percentage Decrease: If the population decreases by 3%3\% per year, we can represent this decrease as a percentage of the current population. To find the remaining population, we subtract the percentage decrease from 100%100\%.\newlineCalculation: 100%3%=97%100\% - 3\% = 97\%
  2. Convert Percentage to Decimal: To use this percentage to find next year's population, we convert the percentage to a decimal. To do this, we divide the percentage by 100100. \newlineCalculation: 97%/100=0.9797\% / 100 = 0.97
  3. Multiply Current Population: The decimal 0.970.97 represents the factor by which we multiply the current population to find next year's population. Multiplying the current population by 0.970.97 will give us the population after accounting for a 3%3\% decrease.

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