A population is growing at a constant yearly percentage rate of 7%.The initial population is 570.What will be the population after 14 years? Round your answer to the nearest whole number.
A) 1,157
B) 1,485
C) 1,470
D) 1,129

Question

A population is growing at a constant yearly percentage rate of 7%.The initial population is 570.What will be the population after 14 years? Round your answer to the nearest whole number. ​​
A) 1,157
B) 1,485
C) 1,470
D) 1,129

Quizplus · Accepted Answer

The population after 14 years can be calculated using the formula for exponential growth: P = P0 * (1 + r)^t, where P0 is the initial population, r is the growth rate (as a decimal), and t is the time in years. Substituting the given values: P = 570 * (1 + 0.07)^14 ≈ 1470.

A Population Is Growing at a Constant Yearly Percentage Rate