Question

A city has 12,575 residents the number of residents grows by 1.6% every year to the nearest whole resident what will the city's population be in 2 years

Answer 1

Answer:

12981

Step-by-step explanation:

Given that :

Initial number of residents = 12575

Yearly growth rate (r) = 1.6%

Population in 2 years :

Using the relation :

Population in t years P(t) :

P(t) = initial population * (1 + growth rate)^t

t = time

Population in 2 years :

P(2) = 12575 * (1 + 0.016)^2

P(2) = 12575(1.016)^2

= 12575 * 1.032256

= 12980.6192

= 12981