The population of British Columbia in 1997 was about 3,959,700. In 2001, the population was about 4,095,900. What was the average growth rate over that period?

Question

Quizplus · Accepted Answer

The average annual growth rate is calculated by finding the total growth over the period and then dividing by the number of years. The total growth from 1997 to 2001 is 4,095,900 - 3,959,700 = 136,200. The period is 4 years. The average annual growth rate is (136,200 / 3,959,700) / 4 * 100 = approximately 0.85%.

The Population of British Columbia in 1997 Was About 3,959,700