Algebra

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townsville had a population of 90000 in 1998. the population is growing at an annuall rate of 1.5%. Predict to the nearest whole number the population of Townsville by the year 2010.

  • Algebra -

    number of years, n = 2010-1998=12
    Growth rate, r = 1.5%
    Compound interest formula
    N(2010)=N(1998)*(1+r)^n
    =90000*1.015^12
    =?

    Post your answer for checking if you wish.

  • Algebra -

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