Answer:
2,082,497
Explanation:
To calculate the compound average return, just like populations
we first add 1 to each annual return, which gives us 1.015 respectively representing 1.015% We then multiply these differences figures together and raise the product to the power of one-ninth to adjust for the fact that we have combined returns from yr 1 period. We show workings like this to show the average difference for yr 1 and yr2-10 for each year so we know it was larger each year on averages with could be lower amounts for the first 5 years to the new average shown at end of calculations.
1.015 x224,600 =227969 yr1
227,969 - 224.600 = 3,369 difference ( 1 year ) difference
227,969 x 1.015*9= 2,082,496.815
2082496.815 - 227969 = 1,854,527.815 ( 9 years ) difference
1,854,527.815/ 9 =206,058.646111 (average year 5)
Year 1.) 3,369 year μ (mu) 206,059 Year 10) 1,854,528
We see the population rose from 3369 year 1 to 207059 (Two hundred and seven thousand ) average years 2-9.
Therefore 2082497 (2 million, eighty two thousand ) is the population rise by year 2025.
As we account for new rises year to year so this makes a higher yearly total difference.