# 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: