Given parameters:
Current population = 530,300 people
Growth rate = 0.8% per year
Unknown
Population in 15 more years = ?
To solve this problem, we must compound the increase per year.
This implies that we treat the problem like that of a compound interest.
Since we know that population increases by 0.8%,
it is similar to 1 +
= 1.008 increase
Now the population in 15years will be;
530300 x (1.008)¹⁵ = 597626 people
So, the population after 15yrs is 597626 people
is there a picture i can use to help out?
Answer:
i just want point lol
Step-by-step explanation:
Answer:
Step-by-step explanation:
Thats what i got but you still have to do the other 2 steps i am not sure how, but i hope that helps!