Question

a city has a population of 280,000 people. Suppose that each year the population grows by 7.25%. What will the population be after 12 years?

Answer 1

Explanation:

Use a compounding formula like this:

P (t) = 280 000 (1 + .0725) ^t

t is years .0725 is 7.25% in decimal form

P (12) = 280 000 ( 1.0725)^12 = 648,523 population