A town has a population of 18000 and grows at 2% every year. What will be the population after 11 years, to the nearest whole number?

After 11 years the population is 22320

Step-by-step explanation:

A town has a population of 18000 and grows at 2% every year. What will be the population after 11 years, to the nearest whole number?

Step one:

given data

Population= 18000

rate= 2%

time t= 11

Step two:

applying the expression below we can find the final population as

A=P(1+r)^t

A=18000 (1+0.02) ^11

A=18000*(1.02)^11

A=18000*1.24

A=22320

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