Question

if a population of a city increases by 3.1% every year and the population is 290,000 what will it be next year

Answer 1

The population of the city next year will be approximately 298,990.

Step-by-step explanation:

To calculate the population next year, we can use the formula:

Pn = Po * (1 + r)

Where:

• Pn is the population next year
• Po is the initial population
• r is the growth rate

In this case, the initial population (Po) is given as 290,000 and the growth rate (r) is 3.1% or 0.031.

Plugging in these values into the formula, we get:

Pn = 290,000 * (1 + 0.031)

Simplifying the expression:

Pn = 290,000 * 1.031

Pn ≈ 298,990

Therefore, the population of the city next year will be approximately 298,990.