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A town has a population of 17000 and grows at 3% every year. What will be the population after 7 years, to the nearest whole number?

 May 31, 2022
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Future Population==17,000 x 1.03^7 ==20,908 - population of the town after 7 years.

 

Or more accurately, since population growth is a "continuous process", the following is more accurate:

 

Future Population==17,000  x  e^(0.03*7) ==20,973 - population of the town after 7 years.

 Jun 1, 2022

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