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if the population of a country 324,597, the growth rate is .085 what is the projection is 10 years?  Now add 1% to the growth rate what is the new projection for 10 years.

 May 21, 2016
 #1
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If the population of a country 324,597, the growth rate is .085 per annum what is the projection is 10 years?  

 

 

324597*1.085^10 = 733908.4422960732578296

733,908 people

 

 

Now add 1% to the growth rate what is the new projection for 10 years. Do again with a growth rate of 0.095 this time.

 

324597*1.095^10 = 804425.2486458361955934

804,425 people

 

 

 

That is not many people.  I looked up 'least populated countries' and this is what I got.

https://en.wikipedia.org/wiki/List_of_least_populous_countries

BUT some of those in the list are not countries! some are just territories that are owned by recognised countries.

 

Your country might be the Maldives.  That is a faily exotic idea.  They are a group of ilsands in the Indian Ocean, they are South of India, just north of the equator :))

 

See

https://www.google.com.au/maps/place/Maldives/@6.29179,56.0074385,3.71z/data=!4m5!3m4!1s0x24b599bfaafb7bbd:0x414509e181956289!8m2!3d1.977247!4d73.5361034

You could go visit them.  :)

http://www.visitmaldives.com/en

 May 21, 2016
 #2
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if the population of a country 324,597, the growth rate is .085 what is the projection is 10 years?  Now add 1% to the growth rate what is the new projection for 10 years.

 

I believe your question is worded incorrectly. It looks to me that the growth rate of 8.50% is for the entire 10-year period. Similarly, the 9.5%. Or, your first growth rate of .085 should read 0.0085 or .85% per year. I don't know of any "country" or even an "Island" that grows at 8.5% or 9.5% per year!. Ckeck your book carefully.

 May 21, 2016
 #3
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Yes you are right, the question was open to interpretation.  The wording is inprecise!!

Melody  May 21, 2016

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