Question

The population of Algebraville is 500,000 and growing at 6.25%. How many people will live in Algebraville in 10 years? 20?

Answer 1

This would be exponential growth
A= 500,000(1+.0625)^10
=500,000(1.0625)^10
=500,000* 1.83353577126
the population after 10 years= 916,767
A=500,000(1+.0625)^20
=500,000(1.0625)^20
=500,000* 3.36185342451
the population after 20 years would be= 1,680,926