Population

What is the population of the city with 3% annual growth, if in 10 years the city will have 60,000 residents?

Correct result:

n =  44646

Solution:

x1.0310=60000 x=60000/1.0310=44646x \cdot 1.03^{10} = 60000 \ \\ x = 60000/1.03^{10} = 44646



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