SOLUTION: Suppose a country has a population of 20 million and projects a growth rate of 4% per year for the next 20 years. What will the population of this country be in 5 years? What I

Question 1116103: Suppose a country has a population of 20 million and projects a growth rate of 4% per year for the next 20 years. What will the population of this country be in 5 years?
What I have done is 20e^(.04*5)
I have no idea if I am on the right page or not, please help!
Answer by josgarithmetic(39620) (Show Source): You can put this solution on YOUR website!
You could do it like this:

4% per year, for next 20 years,

But same rate for only 5 years,

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