Question

3.) A small city currently has a population of 130,250 people. The population is growing at a

rate of 0.2% each year. Approximately how many more people will live in the city three years from
now?

Answer 1

131,033.

Explanation:

The growth factor is 1 + 0.2 %

= 1 + 0.002 = 1.002.

So in 3 years population

= 130,250(1.002)^3

= 131,033