The population of San Francisco is growing t a rate of 2.5% per year. If the current population is 884,363, what will the population be in 2

Question

The population of San Francisco is growing t a rate of 2.5% per year. If the current population is 884,363, what will the population be in 2035?

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Sarah 1 week 2021-09-15T00:00:34+00:00 1 Answer 0

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    2021-09-15T00:02:12+00:00

    Answer:

    1312842

    Step-by-step explanation:

    The year is 2019. 2035 – 2019 = 16 years

    The equation for growth is:

    initial_amount * (( 1 + percent_in_decimal_form) ^ years)

    So now substitute numbers in the equation.

    884363 * ((1 + 0.025) ^ 16) = 1312841.8 = 1312842

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