Answer to Question #326081 in Algebra for gurg

Question

A town has a population of 17000 and grows at 4% every year. What will be the population after 12 years, to the nearest whole number?

Answer 1

Here the formula of complex percentage should be used:

X=17 000 •(1+ 4%/100)¹²=27 217.54, but if we round up, we will get 27 218( the nearest whole number)