Problema Solution

The population of a certain geographic region is approximately 135 million and grows continuously at a relative growth rate of 1.87%. What will the population be in 6 years? Compute the answer to three significant digits.

Answer provided by our tutors

 

Change the growth rate to a decimal; 1 + .0187 = 1.0187

Let P = population (in millions) in 6 yrs

P = 135*1.0187^6

Using a calc

P = 150.873 million in 6 yrs