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snow_tiger [21]
2 years ago
9

Population of Jacksonville was 3810 and 2010 and is growing at an annual rate of 3.5% if the growth rate continues what will the

approximate population in 2023
Mathematics
1 answer:
grin007 [14]2 years ago
4 0

Answer:

FV= 5,958.67 = 5,959

Step-by-step explanation:

Giving the following information:

Current population (Present Value)= 3,810

Growth rate (g)= 3.5% annual

Number of periods (n)= 13 years

<u>To calculate the future number of people (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 3,810*(1.035^13)

FV= 5,958.67 = 5,959

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