The population after 11 years is approximately 22,381
How to determine the population growth.
the population after 11 years with a 2% annual growth rate is determined using the formula for exponential growth:
where:
P is the future population,
P_0 is the initial population (18000),
r is the growth rate (2% or 0.02), and
t is the time in years (11).
Substitute in the values and calculate:
P = 18000 * (1 + 0.02)¹¹
P = 18000 * (1.02)¹¹
P = 18000 * 1.243396
P approx 22381.128
Rounding to the nearest whole number, the population after 11 years is approximately 22,381.