Answer: the expected population of the city in 30 years is 5470781
Step-by-step explanation:
The population growth is exponential. The growth rate is exponential. We would apply the formula for exponential growth which is expressed as
A = P(1 + r)^t
Where
A represents the population after t years.
t represents the number of years.
P represents the initial population.
r represents rate of growth.
From the information given,
P = 3.5 × 10^6
r = 1.5% = 1.5/100 = 0.015
t = 30 years
Therefore,
A = 3.5 × 10^6(1 + 0.015)^30
A = 3.5 × 10^6(1.015)^30
A = 5470781
