# The current population of a small city is 29500 people. Due to a loss of jobs, the population is decreasing

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## Question:

The current population of a small city is 29500 people. Due to a loss of jobs, the population is decreasing by an average of 450 people per year. How many years (from now ) will it take for the population to decrease to 27250 people?

**Related Book For**

## Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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**Question Details**

Chapter #

**12**- Valuation: Cash-Flow-Based ApproachesSection: INTEGRATIVE CASE

Problem: 2