Question

A city has a population of 340,000 people. Suppose that each year the population grows by 4.25%. What will the population be after 11 years?

Use the calculator provided and round your answer to the nearest whole number.

Answer 1

To calculate the population of a city after a certain number of years, given the population and the annual growth rate, you can use the following formula:

final population = initial population * (1 + growth rate)^number of years

Plugging in the values given in the problem, we get:

final population = 340,000 * (1 + 0.0425)^11

Using a calculator, we find that the final population is approximately 501,403. Rounding this value to the nearest whole number, we get:

final population = 501,403

So, the population of the city will be approximately 501,403 after 11 years.

Explanation: