Question

Suppose a city with population 600,000 has been growing at a rate of 3​% per year. If this rate​ continues, find the population of this city in 22 years.

Answer 1

The answer should be around 1,149663 (Rounded off to the nearest whole number. Also if a population has a remainer you usually add it as 1. This is because these are people)

Explanation:

First step involves listing the formulas being used:

600,000= population, 0.03= growth rate 22years= period

Therefore, we take the 600,000 and multiply by 1+0.03 ^22(to the power of 22 or period)

So, 600,000(1+0.03)^22

=1,149662.045 /1,149663

Hope this helps!