The city 3

The city has 22,000 residents. How long it is expected to have 25,000 residents if the average annual population growth is 1.4%?

Correct result:

n =  9.1947

Solution:

(1+1.4/100)n=25000/22000 1.014n=25/22 nln⁡1.014=ln⁡25/22 n=ln⁡25/22ln⁡1.014=9.1947 

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