Question

Suppose a city with population 600,000 has been growing at a rate of 6% per year. If this rate continues, find the population of this city in 16 years.

The population in 16 years will be approximately ?. (Round to the nearest whole number as needed.)

Answer 1

1,524,211

Explanation:

You want the population in 16 years if it is now 600,000 and grows at 6% per year.

Exponential growth

The exponential growth function is ...

population = (initial population)·(1 + growth rate)^t

population = 600,000(1.06^16) ≈ 1,524,211

The population of the city in 16 years will be approximately 1,524,211.

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