Tacoma's population in 2000 was about 200 thousand, and has been growing by about 9% each...
Tacoma's population in 2000 was about 200 thousand, and has been growing by about 9% each year. If this continues, what will Tacoma's population be in 2014?
Homework Answers
Solution:
Given in the question
Population at the begining of 2000 was about p = 200000.
Rate of growth(r) = 9% each year
No. Of years(t) = 2014-2000 = 14 years
So growth equation
P0 = P*(1+(r/100))^t
P(14) = 200000*(1+(9/100))^14
P(14) = 200000*(1+0.09)^14
P(14) = 200000*(1.09)^14 = 200000*3.341727027 = 668345
So Tacoma population in 2014 will be 668345
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