The population of Tokyo-Yokohama, Japan, was about 28,447,000 in 1995 and was projected to grow at an annual rate of 1.1%. Predict the population, to the nearest hundred thousand, for the year 2004.

Respuesta :

The formula for the annual growth can be written as:

[tex]A=P(1+r)^{t} [/tex]

where,
P = Current population = 28,447,000
r = growth rate = 1.1% = 0.011
t = number of years = 9 years

Using the values in the formula, we get:

[tex]A=28447000(1+0.011)^{9} =313911471[/tex]

Therefore, in 2004 the population of Tokyo-Yokohama Japan , nearest to hundred thousand will be 313,900,000 .
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