Question

Every year , the population of a certain country increases by 2%. If the population is now 20 million people, what will be the population after 8 years?

Answer 1

Given, the population P=20,000,000,the rate of increaseing R=2% and the number of years n=8yr.

formula,

Population after n years = $P(1+\frac{R}{100})^n\\ =20000000(1+\frac{2}{100})^8\\ =23433187.62$