A population of 41,250 increases each year by 2%
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so, after t years, it is
41250 * 1.02^t
To calculate the population increase each year, you can multiply the current population by the growth rate. Here's how you can calculate the population increase for a population of 41,250 increasing by 2% each year:
Step 1: Convert the growth rate from a percentage to a decimal. Divide the growth rate by 100. In this case, 2% becomes 0.02.
Step 2: Calculate the population increase by multiplying the current population by the growth rate.
Population increase = Current population * Growth rate
Population increase = 41,250 * 0.02 = 825
So, the population of 41,250 would increase by 825 each year.