Question

Suppose a city with a population of 300,000 has been growing at a rate of ​6% per year. If this rate​ continues, find the population of this city in 16 years.

Answer 1

Answer:

The population of the city after 16 years will be 762,105

Step-by-step explanation:

The initial population of the city is given to be 300,000

The population is said to be growing at a rate of 6%

The time after which we have to find out the final population of the city is 16 years

The final population after 16 years can be calculated using the following formula=$300000(1+\frac{6}{100} )^{16} =300000(\frac{106}{100} )^{16} =762105$