Question

The population of San Francisco is growing t a rate of 2.5% per year. If the current population is 884,363, what will the population be in 2035?

Answer 1

1312842

Explanation:

The year is 2019. 2035 - 2019 = 16 years

The equation for growth is:

initial_amount * (( 1 + percent_in_decimal_form) ^ years)

So now substitute numbers in the equation.

884363 * ((1 + 0.025) ^ 16) = 1312841.8 = 1312842