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A city has a population of 340,000 people. suppose that each year the population grows by 8.75% . what will the population be after 8 years? use the calculator provided and round your answer to the nearest
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A city has a population of 340,000 people. suppose that each year the population grows by 8.75% . what will the population be after 8 years? use the calculator provided and round your answer to the nearest whole number.

User Simon Kissane
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1 Answer

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A = P(1+i%)ⁿ, where P is the initial amount, i the growth rate in % & n = number of years

A= 340000(1+0.0875)⁸

A = 340000(1.0875)⁸

A = 665,140
User Codie
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