Ask Question
19 November, 11:55

What will be the approximate population of the united states, if its current population of 300 million grows at a compound rate of 2% annually for 25 years? 413 million 430 million 488 million 492 million?

+5
Answers (1)
  1. 19 November, 12:12
    0
    B=p (1+r) ^n

    B=300,000,000 (1+0.02) ^25

    first do (1+0.02) ^25 and your answer will be 1.640605994

    B=300,000,000 (1.640605994)

    B = $492,181,798.30
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What will be the approximate population of the united states, if its current population of 300 million grows at a compound rate of 2% ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers