Terry has a savings account that pays 1.9% interest per year. Terry’s grandmother opened the account for him on his 10th birthda
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Answer:
8,566,379,470 people
Step-by-step explanation:
Let's start simple. In order to find the population increase on January 1, 2006, we need to multiply 6,486,915,022 by 1.4% and add it to 6,486,915,022.
- 6,486,915,022*1.4% = 90,816,810.308
- 90,816,810.308+6,486,915,022 = 6,577,731,832.31 people on January 2006.
Note that the above two steps gives the same answer as 6,486,915,022*1.014.
So we need to do this for each year. 20 years pass between 1/1/2005 and 1/1/2025.
We need to do 6,486,915,022*1.014*1.014*1.014... 20 times.
This is equivalent to .
Multiplying it out gives us 8566379470.2 = 8,566,379,470 people.