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A city has a population of 400,000 people. Suppose that each year the population grows by 6.25%. What will the population be after 15 years?
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May 1, 2023
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A city has a population of 400,000 people. Suppose that each year the population grows by 6.25%. What will the population be after 15 years?
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James McKinney
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6.25%=0.0625
P(t) = Initial Population * (1 + rate)^t
P(t) = 400,00*(1+0.0625)^t
P(t)= 400,00*(1+0.0625)^15
Pt=400
Toby Mills
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May 8, 2023
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