In 2015, the population of a town was 8914. The population is expected to grow at a rate of 1.36% each year.

At this rate, what would be the population in 2040?

Round the the nearest whole number.

Since 2015, 25 years would have to pass to reach 2040. Using the current population of 2015, the growth rate, and the number of years, the population of 2040 could be calculated as follows:

8914 + 8914*0.0136*25 = 11944.76

Thus, the population in 20140 would increase to 11,945.