In 1910, the population of math valley was 15,000. If the population is increasing at an annual rate | MathCelebrity Forum

In 1910, the population of math valley was 15,000. If the population is increasing at an annual rate

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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
 
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