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.

Question

asked Sep 8, 2021 171k views

1 Answer

Mirtheil · Answer 1 · 2021-09-13T08:48:42+0000

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

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