SOLUTION: A city has a population of 330,000 people. Suppose that each year the population grows by 4.25% What will the population be after 12 years?

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Question 1030314: A city has a population of
330,000 people. Suppose that each year the population grows by 4.25%
What will the population be after 12 years?

Answer by Cromlix(4381)   (Show Source): You can put this solution on YOUR website!
Hi there,
100% + 4.25% = 104.25%
104.25% = 104.25/100 = 1.0425 (factor)
330,000 x 1.0425^12
= 543,784.
Hope this helps :-)

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