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The town's poplation in the year 2020 was 1,500 people, The population has been increasing 3% each year. What will the population be in the year 2025?
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The town's poplation in the year 2020 was 1,500 people,

The population has been increasing 3% each year.
What will the population be in the year 2025?

User Alexander Revutsky
by
8.5k points

1 Answer

6 votes

Answer:

1739

Explanation:

(1+growth)^years

so

(1+.03)^5=1.159...

Multiply by 1500 = 1738.9.......

User Lulzim
by
8.6k points
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