Question

Suppose a city with population 800 comma 000 has been growing at a rate of 5​% per year. If this rate​ continues, find the population of this city in 17 years.

Answer 1

Answer: 1,833,615

Explanation:

Hi, to answer this question we have to apply an exponential growth function:

A = P (1 + r) t

Where:

p = original population

r = growing rate (decimal form)

t= years

A = population after t years

Replacing with the values given:

A = 800,000 (1+ 5/100)^17

A = 1,833,615

Feel free to ask for more if needed or if you did not understand something.