The number of people living in a town t t\,t years from now is Pt P_t\,Pt where
P0=48000 P_0 = 48000 P0=48000 Pt+1=1.03(Pt−700) P_{t+1} = 1.03(P_t - 700) Pt+1=1.03(Pt−700)Work out the number of people in the town 3 years from now.
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