Suppose the population of a town is 8,600 and is growing 3% each year. Predict the population after 3 years.

a
about 9,397 people
b
about 26574 people
c
about 232,200 people
d
about 77,400 people

1 answer

c. about 9,998 people

To calculate:
Population after 1 year = 8,600 + 8,600 * 0.03 = 8,600 + 258 = 8,858
Population after 2 years = 8,858 + 8,858 * 0.03 = 8,858 + 265.74 = 9,123.74
Population after 3 years = 9,123.74 + 9,123.74 * 0.03 = 9,123.74 + 273.71 = 9,397.45

Rounded to the nearest whole number, the predicted population after 3 years is about 9,398 people.