In the last ten years, the population of Indonesia has grown to 250,000,000

at a rate of 1.2%
per year. If this rate continues, what will be the population in 10 more years, rounded to the nearest million?

281,000,000

678,329,302

500,000,000

525,600,000

1 answer

To calculate the future population of Indonesia in 10 years at a growth rate of 1.2% per year, we can use the formula for exponential growth:

\[ P = P_0 (1 + r)^t \]

Where:

  • \(P_0\) is the current population (250,000,000).
  • \(r\) is the growth rate (1.2%, or 0.012 as a decimal).
  • \(t\) is the number of years in the future (10 years).

Substituting the values into the formula:

\[ P = 250,000,000 \times (1 + 0.012)^{10} \]

Calculating:

  1. Calculate \(1 + 0.012 = 1.012\).
  2. Raise \(1.012\) to the power of \(10\):

\[ 1.012^{10} \approx 1.126825 \]

  1. Multiply by the current population:

\[ P \approx 250,000,000 \times 1.126825 \approx 281,706,250 \]

Rounding to the nearest million, the population will be approximately 282,000,000.

From the options you provided, the closest answer is 281,000,000.