SOLUTION: A city has a population of 20,000 people in the year 2000. If the population increases 5% per year, what will the population be in 2010? ( You are not summing the population over 2

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Question 148721: A city has a population of 20,000 people in the year 2000. If the population increases 5% per year, what will the population be in 2010? ( You are not summing the population over 2000-2010. Find the population in the year 2010, use a1r^n to solve.)

Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
A city has a population of 20,000 people in the year 2000. If the population increases 5% per year, what will the population be in 2010?
:
Use the formula:
A = 20000(1.05)^10
:
A = 20000 * 1.62889
:
A = 32,578 folks in 2010