Ask Question
9 June, 01:58

In 2000 the population of a district was 750,000. With a continuously compounding growth rate of approximately 4%, what will the population be in 2025?

+5
Answers (1)
  1. 9 June, 02:53
    0
    2,038,711

    Step-by-step explanation:

    For a continuously compounding rate r, the growth is modeled by ...

    P = P0·e^ (rt)

    where P0 is the initial population, r is the annual growth rate (compounded continuously) and t is the number of years.

    Putting your values into this formula, you have

    P = 750000·e^ (0.04·25) ≈ 2,038,711
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In 2000 the population of a district was 750,000. With a continuously compounding growth rate of approximately 4%, what will the population ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers