(1) If the population of a city was 2 million in 1995 and growing at a rate of 6.4%, what will the population be in the year 2000?

a. 2.5 million
b. 2.7 million
c. 10.64 million
d. 43.6 million

1 answer

pop. = 2 million(1.064)^5
= 2 million(1.3636664)
= 2.7 million