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A city has a population of 280,000 people. Suppose that each year the population grows by 4.75% . What will the population be after 7 years ? Use the calculator provided and round your answer to the nearest whole number.

Respuesta :

8.75% = 0.0875

P(t) = Initial Population * (1 + rate)t

P(t) = 280,000(1 + 0.0875)t

P(t) = 280,000(1.0875)t

P(9) = 280,000(1.0875)9

P(9) = 595,692

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