sciencecool8703 sciencecool8703
  • 13-05-2021
  • Mathematics
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Suppose a city with population 300,000 has been growing at a rate of ​6% per year. If this rate​ continues, find the population of this city in years.

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  • 15-05-2021

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

Current population (PV)= 300,000

Increase rate (g)= 6% per year

To calculate the population after "n" years, we need to use the following formula:

FV= PV*(1 + g)^n

For example, after 10 years:

FV= 300,000*(1.06^10)

FV= 537,254

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