Please help! I'm very confused.
2 answers:
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Answer:
911,690.
Step-by-step explanation:
Please consider the complete question.
A city has a population of 390,000 people. Suppose that each year the population grows by 6.75%. What will the population be after 13 years? Round your answer the nearest whole number.
We will use exponential growth formula to solve our given problem.
, where,
y = Final value,
a = Initial value,
r = Growth rate in decimal form,
To find the population after 13 years, we will substitute in population growth equation as:
Upon rounding to nearest whole number, we will get:
Therefore, the population of the city after 13 years would be 911,690.