A town has a population of 2000 and grows at 4.5% each year. What will the population be after 13 years, to the nearest whole number?

Question

Mathematics

Nathan Mcintosh

16 June, 06:33

A town has a population of 2000 and grows at 4.5% each year. What will the population be after 13 years, to the nearest whole number?

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Answers (1)

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Ruth Richards · Answer 1

3544.392

Step-by-step explanation:

The value of the total number of population is P=2000The value of the rate of interest isR%=4.5%The value of the time is T=13yrs

For compounded annually

n=1

The expression for the final value of the population after

13years is, A=2000 (1+4.5100) 13=3544.392

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