Final answer:
To calculate Jacksonville's population after 10 years with a 2% growth rate, use the exponential growth formula P(t) = P0 * (1 + r)^t, substituting P0 with Jacksonville's current population, r with 0.02, and t with 10.
Step-by-step explanation:
To calculate the future population of Jacksonville, Florida given a 2% annual growth rate, you can use the formula for exponential growth: P(t) = P0 * (1 + r)^t, where P(t) is the population at time t, P0 is the initial population, r is the growth rate (expressed as a decimal), and t is the number of years.
Let's start with an arbitrary initial population of Jacksonville, Florida, as the actual current population is not provided. For the purpose of example, we'll say the initial population is P0 = 100,000 residents. For a 2% growth rate (r = 0.02), the population after 10 years (t = 10) would be:
P(10) = 100,000 * (1 + 0.02)^10
This calculation would give us the population after 10 years considering the initial population stated. To apply it to the actual population of Jacksonville, one will replace 100,000 with the current population figure.