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20 February, 00:34

What will be the approximate population of the united states, if its current population of 300 million grows at a compound rate of 2% annually for 25 years? 413 million 430 million 488 million 492 million?

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  1. 20 February, 04:05
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    B=p (1+r) ^n

    B=300,000,000 (1+0.02) ^25

    first do (1+0.02) ^25 and your answer will be 1.640605994

    B=300,000,000 (1.640605994)

    B = $492,181,798.30
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