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The population of Anderson, SC in 2016 was 27,544

and is increasing at a rate of 2.4%
. What will the population be in 2022? Round to the nearest whole number since we are dealing with people.



Population:
people

1 Answer

4 votes

Final answer:

To calculate the future population of Anderson, SC in 2022, we use the exponential growth formula P = P0 * (1 + r)^t. Using the initial population of 27,544, a growth rate of 2.4%, and a time of 6 years, the calculated future population is approximately 31,644 people.

Step-by-step explanation:

To calculate the expected population of Anderson, SC in 2022, we can use the formula for exponential growth. The formula is:

P = P0 * (1 + r)^t

where:

  • P is the future population,
  • P0 is the initial population,
  • r is the growth rate (as a decimal),
  • t is the time in years.

The initial population (P0) is 27,544, the growth rate (r) is 2.4% or 0.024, and the time (t) is 6 years (from 2016 to 2022).

Plugging the values into the formula, we get:

P = 27,544 * (1 + 0.024)^6

Now let's calculate:

P = 27,544 * (1 + 0.024)^6

P = 27,544 * (1.024)^6

P = 27,544 * 1.148685...

P ≈ 31,644 (rounded to the nearest whole number)

Therefore, the population of Anderson in 2022 is expected to be approximately 31,644 people, considering a steady growth rate of 2.4%.

User Victor Dyachenko
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