A town has a population of 17000 and grows at 3% every year. What will be the population after 10 years, to the nearest whole number?
The population in 10 years will be:
=17,000(1+3100)10=17,000(1+\frac{3}{100})^{10}=17,000(1+1003)10
=22,846.58=22,846.58=22,846.58
To the nearest whole number, it wil be:
=22,847=22,847=22,847
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