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Suppose the population of a town is 98,000 in 2014. The population increases at a rate of 3.7 percent every year. What will the population of the town be in 2020? Round your answer to the nearest whole number.

User Yanbin
by
5.2k points

2 Answers

4 votes

Answer:

121,871

Explanation:

I took the quiz.

User Tpdance
by
5.9k points
1 vote

Answer: 121871

Explanation:

Current population = 98000

Rate of increase = 3.7% / year

Total time = 2020 - 2014 = 6 years

Population in 2020 = 98000 * (1+ (3.7/100))^6

= 98000 * (1.037)^6 = 98000 * 1.243576 = 121870.505

Rounding off to nearest whole number we get the population = 121871

User Shaneil
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4.4k points