IDNLearn.com offers a seamless experience for finding and sharing knowledge. Receive prompt and accurate responses to your questions from our community of knowledgeable professionals ready to assist you at any time.

The population of a a city increases by 0.5% per year if this years population 201,000 what will next year’s population be to the nearest individual

Sagot :

[tex]\qquad \textit{Amount for Exponential Growth} \\\\ A=P(1 + r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{initial amount}\dotfill &201000\\ r=rate\to 0.5\%\to \frac{0.5}{100}\dotfill &0.005\\ t=\textit{elapsed time}\dotfill &1\\ \end{cases} \\\\\\ A=201000(1 + 0.005)^{1}\implies A=201000(1.005)\implies A=202005[/tex]