SOLUTION: A city has a population of 270,000 people. Suppose that each year the population grows by 7% . What will the population be after 8 years? Use the calculator provided and rou

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A city has a population of 270,000 people. Suppose that each year the population grows by 7% . What will the population be after 8 years? Use the calculator provided and rou      Log On


   



Question 1030592: A city has a population of
270,000 people. Suppose that each year the population grows by
7%
. What will the population be after 8 years?
Use the calculator provided and round your answer to the nearest whole number.

Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
Hi there,
100% + 7% = 107%
107% = 107/100 = 1.07 (factor)
270,000 x 1.07^8
= 463,910 people.
Hope this helps :-)