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8 November, 16:06

A city has a population of 340,000 people. suppose that each year the population grows by 8.75%. what will the population be after 8 years? use the calculator provided and round your answer to the nearest whole number.

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  1. 8 November, 16:25
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    A = P (1+i%) ⁿ, where P is the initial amount, i the growth rate in % & n = number of years

    A = 340000 (1+0.0875) ⁸

    A = 340000 (1.0875) ⁸

    A = 665,140
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