In Ghana population in 2010 was 24000000 and the annual growth rate is 2.5% What is Ghana population in 2018?
1 Answer
Feb 28, 2018
Roughly 29,241,669
Explanation:
Exponential growth can be calculated using the formula:
FV=Future Value
PV=Present Value
rate=growth rate (as a decimal)
n=number of years (2018-2010=8years)
So: