Answer:
To calculate the population of Pineville in 2028, considering an annual growth rate of 3.4%, we can follow these steps:
1. Start with the given population in 2021: The population of Pineville in 2021 is given as 15,000.
2. Calculate the annual growth: To find the annual growth rate, multiply the population by the growth rate expressed as a decimal. In this case, the growth rate is 3.4%, which is equivalent to 0.034 when expressed as a decimal. Multiply 15,000 by 0.034 to find the annual growth amount.
Annual Growth = 15,000 * 0.034
3. Find the total growth over the years: To calculate the total growth from 2021 to 2028, multiply the annual growth amount by the number of years. Since we are calculating the population in 2028, the number of years would be 2028 - 2021 = 7.
Total Growth = Annual Growth * Number of Years
4. Calculate the projected population in 2028: Add the total growth to the initial population of 15,000 to find the projected population in 2028.
Projected Population in 2028 = Initial Population + Total Growth
Note: Since we are asked to round to the nearest whole number, round the final answer to the nearest whole number.
By following these steps, you can calculate the population of Pineville in 2028.