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Mrac [35]
3 years ago
7

The population of New Town is increasing by 6% a year.

Mathematics
1 answer:
scoray [572]3 years ago
3 0

Answer:

After population (A) = 62,902 (Approx)

Step-by-step explanation:

Given:

Current population (P) = 19613

Number of years (n) = 2020 - 2000 = 20 year

Rate of growth (r) = 6% = 0.06

Find:

After population (A)

Computation:

After\ population (A) = Current\ population (P)[1+r]^n \\\\After\ population (A) = 19613[1+0.06]^{20} \\\\After\ population (A) = 19613[1.06]^{20} \\\\After\ population (A) = 62,901.548

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