SOLUTION: This is my first time taking Algebra. I have a question which I could not understand. Could someone kindly help me to understand and to solve. Thank you In 2004 the population

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: This is my first time taking Algebra. I have a question which I could not understand. Could someone kindly help me to understand and to solve. Thank you In 2004 the population       Log On


   



Question 91301: This is my first time taking Algebra. I have a question which I could not understand. Could someone kindly help me to understand and to solve. Thank you
In 2004 the population of Mexico is 106.5 million. If Mexico's population continue to grow at an annual rate of 1.43%, then the population in 2015 will be 106.5(1.0143)11 millon.
a) Find the predicted population in 2015 to the nearest tenth of a million people.
Kindly help me.

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
In 2004 the population of Mexico is 106.5 million. If Mexico's population continue to grow at an annual rate of 1.43%, then the population in 2015 will be 106.5(1.0143)^11 millon.
a) Find the predicted population in 2015 to the nearest tenth of a million people.
106.5(1.0143)^11 millon = 106.5*1.169043524...= 124.50 million
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Cheers,
Stan H.