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24 October, 13:41

The population of a certain city increases by 2.3% per year. Assuming the population was 7.6 million, what is the population expected to be by 2010? what was the population in 1980?

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  1. 24 October, 14:22
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    I assumed the base year is 2017

    ; because the time is not mentioned

    So 2017-2010=7 years

    P=7,600,000: (1+0.023) ^ (7)

    P=6,481,628.81

    2017-1980=37

    P=7,600,000: (1+0.023) ^ (37)

    P=3,276,537.51
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