Respuesta :
The population of Tacoma in 2017 would be 865,527.
What will be the population in 2017?
If the population grows by 9% every year, the population would grow at a compound rate each year and the equation that can be used to determine the population in 2017 would be an exponential equation.
Compound growth is when both the existing population and the increase in population every year.
The equation that can be used to determine the population of Tacoma in 2017 is:
The formula for calculating future value:
FV = P (1 + r)^n
Where:
- FV = Future value
- P = Present population
- R = rate of growth
- N = number of years : 2017 - 2000 = 17
200,000 x (1 + 0.09)^17
200,000 x (1.09^17) = 865,526.68
In order to round 865,526.68 to the nearest whole number , look at the tenth figure, if it is greater or equal to 5, add one to the units digit and change the tenth and hundredth digit to 0. So, 865,526.68 becomes 865,527.
To learn more about future value, please check: https://brainly.com/question/18760477
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