# 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: