Question

Suppose a city with population 800,000 has been growing at a rate of 8% per year. If this rate continues, find the population of this city in 16 years.

Answer 1

2,740,754.11467 or 2,740,754

Explanation:

800,000(1.08)^16

y=a(b)^x

a is the starting point

b is growth

x is years

you get the growth by adding 8 to 100 then dividing by 100.