The population of at a town has grown 2% each year. In 1998, the population of the town was about 10,000 people. What was the population in 1999?

Question

Mathematics

Dayton Stanton

21 January, 01:13

The population of at a town has grown 2% each year. In 1998, the population of the town was about 10,000 people. What was the population in 1999?

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Answers (1)

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Delilah Stanley · Answer 1

10200

Step-by-step explanation:

This is an example of a compound interest. The equation for this problem is 10000 * (1+2/100) ^n. The n is the year as 1999 is 1 year away from 1998, you just replace n with 1 and you have a simple equation.