A city's population is 5 million this year. If the population grows by 4% each year, what will the population be after two years? A. 5,204,000 B. 5,306,000 C. 5,408,000 D. 6,004,000

Question

Mathematics

Jace Solomon

5 November, 00:34

A city's population is 5 million this year. If the population grows by 4% each year, what will the population be after two years? A. 5,204,000 B. 5,306,000 C. 5,408,000 D. 6,004,000

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Answers (1)

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Bradley Moreno · Answer 1

C. 5 408 000

Step-by-step explanation:

Calculating the 104% is basically the same as multiplying by 1,04. You do it first to get the value of next year, then do it again to get the year after.

This year: 5 000 000

Next year: 5 000 000 * 1,04 = 5 200 000

The year after that: 5 000 000 * 1,04 * 1,04 = 5 408 000