document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=337399>Question 337399</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In 2006 the population of the United States was 300.2 million (U.S. Census<BR>\n" );
document.write( "Bureau, www.census.gov). If the population continues to grow at an annual rate of 1.05%, then the population in the year 2020 will be 300.2(1.0105)14 million.<BR>\n" );
document.write( "a) Evaluate the expression to find the predicted population<BR>\n" );
document.write( "in 2020 to the nearest tenth of a million people.\r<BR>\n" );
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document.write( "FV=PV* (1+r)^n\r<BR>\n" );
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document.write( "WHERE FV=FUTURE POPULATION IN 2020<BR>\n" );
document.write( "WHERE PV =PRESENT POP 2006<BR>\n" );
document.write( "R =RATE OF INCREASE<BR>\n" );
document.write( "N=NUMBER OF YEARS\r<BR>\n" );
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document.write( "FV=?<BR>\n" );
document.write( "PV=300.2<BR>\n" );
document.write( "R = 1.0105%<BR>\n" );
document.write( "N=14 YEARS\r<BR>\n" );
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document.write( "FV=300.2* (1+0105)^14\r<BR>\n" );
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document.write( "FV = 347.5 MILLIONS TO THE NEAREST TENTH<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #241985 by </B><A HREF=/tutors/aboutme.mpl?userid=chiexpert><B>chiexpert(48)</B></A><img src=\"/images/stars/stars-07.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=chiexpert><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=241985\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=PV* (1+r)^n\r<BR>\n" );
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document.write( "WHERE FV=FUTURE POPULATION IN 2020<BR>\n" );
document.write( "WHERE PV =PRESENT POP 2006<BR>\n" );
document.write( "R =RATE OF INCREASE<BR>\n" );
document.write( "N=NUMBER OF YEARS\r<BR>\n" );
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document.write( "FV=?<BR>\n" );
document.write( "PV=300.2<BR>\n" );
document.write( "R = 1.0105%<BR>\n" );
document.write( "N=14 YEARS\r<BR>\n" );
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document.write( "FV=300.2* (1+0105)^14\r<BR>\n" );
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document.write( "FV = 347.5 MILLIONSS TO THE NEAREST TENTH<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );