Each year the population of a city increases by 8% of its value in the previous year. If the initial population was 12 000, what was the population in 10 years?

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Answer 1 · 2018-06-15T13:28:57

#25907# people

Since the population is always #108%# of the previous year's population, we can express the population function as:

#P(n)=P_i*1.08^n#

where:

#P_i# is the initial population

#n# is the number of years passed

So, we get that after #10# years, the population will be:

#P(10)=12000*1.08^10#

#=25907.1#

#~~25907# people