Answer:
In 2020 there will be 468,073 people.
Explanation:
Giving the following information:
Growth rate (g)= 2% = 0.02
Population 2,000= 315,000
Number of periods (n)= 20 years
To calculate the population in 2020, we need to use the following formula:
FV= PV*(1+g)^n
FV= 315,000*(1.02^20)
FV= 468,073
In 2020 there will be 468,073 people.