Question

The population of San Francisco was 776,733 in the 2000 United State Census, if the expected growth rate is 15%,

which is the best prediction of what the population of San Francisco will be in 2015?

Answer 1

initial pop'n=776733

growth rate=15%

time= 15years

Then,

Pt= P(1+G/100)^t

776733(1+15/100)^15

6320324.2904 Ans