Question
(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
a. 2.5 million
b. 2.7 million
c. 10.64 million
d. 43.6 million
Answers
pop. = 2 million(1.064)^5
= 2 million(1.3636664)
= 2.7 million
= 2 million(1.3636664)
= 2.7 million
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