Jackson has a credit card with a 15% interest rate. his dad has a credit card with 5% interest rate. if they both charge $1000 h
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<h2>Answer:</h2><h2>The population of the city after 7 years = 569,859</h2>
Step-by-step explanation:
The population of the city of Miami = 463,300
The rate of increase in population every year = 3%
The population of the city after 7 years = ?
By formula,
Pn is the population after 7 years
P is the current population = 463,300
r = 3 %, n = 7
= 463300 (1.23)
= 569859
The population of the city after 7 years = 569,859