- #1

- 150

- 0

The population of Newfoundland and Labrador was 533,800 in 2001. At that time the population of Newfoundland was decreasing at a rate of 0.6% per year. The population of PEI was 138,500 in 2001. At that time the population was increasing at a rate of 0.2% per year. In what year will the population of PEI be more than Newfoundland? Explain?

I have this so far: y=#of years

533,800(1-0.006)^y

138,500(1-0.002)^y

Now what?