In 1910, the population of math valley was 15,000. If the population is increasing at an annual rate of 2.4%, what was the population in 1965?
1965 - 1910 = 55 years of growth.
P(1965) = 15,000 * (1.024)^55
P(1965) = 15,000 * 3.68551018049
P(1965) = 55282.652707 ~ 55,283