China’s urban population is growing at 2.5% a year, compounding continuously. If there were 13.7 million people in Shanghai in 1
996, approximately how many people will there be in 2017? Apply the formula Upper N equals Upper N Subscript 0 Baseline e Superscript r t, where Upper N represents the number of people. Answer in terms of millions of people. Round your answer to one decimal place.
