The population of Maricopa County has been increasing for the past few decades. In 2016, the Maricopa County population is approximately 3.817 million. Of the population increases from the current population by 3.89 % over the next 5 years, what will the population be in 2021

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JeanaShupp JeanaShupp · Answer 1 · 2020-11-07T16:24:53+01:00

Answer: 3,965,481

Step-by-step explanation:

Given: In 2016, the Maricopa County population is approximately 3.817 million.

i.e. Initial population= 3.817 million =3,817,000

Of the population increases from the current population by 3.89 % over the next 5 years,

Population increased = 3.89% of 3,817,000

= 0.0389 (3817000)

= 148481.3 ≈ 148481

Population in 2021= 3,817,000 +148,481 =3,965,481

Hence, the population in 2021 = 3,965,481

PiaDeveau PiaDeveau · Answer 2 · 2022-02-08T13:43:31+01:00

Population in 2021 is 4.6185 million

Given that;

Population in 2016 = 3.817 million

Growth rate of population = 3.89% = 0.0389

Number of year = 5 year

Find:

Population in 2021

Computation:

Population in 2021 = 3.817[1+0.0389]⁵

Population in 2021 = 3.817[1.0389]⁵

Population in 2021 = 3.817[1.21]

Population in 2021 = 4.6185 million

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