the population of a city in the year 2007 was 500,000. over the following decade the population grew by 8%. what was the population of the city in 2017?

To calculate the population of the city in 2017 after a growth of 8% over the decade, we can use the formula:

\[
\text{Population in 2017} = \text{Population in 2007} \times (1 + \text{Growth Rate})
\]

Given:
- Population in 2007 = 500,000
- Growth Rate = 8% = 0.08

Now, substituting the values:

\[
\text{Population in 2017} = 500,000 \times (1 + 0.08) = 500,000 \times 1.08 = 540,000
\]

So, the population of the city in 2017 was **540,000**.

Would you like more details or have any other questions?

Here are 5 related questions you might find interesting:
1. What would the population be if the growth rate was 10% instead of 8%?
2. How would the population change if it decreased by 8% instead of increasing?
3. What is the annual growth rate if the population grew by 8% over 10 years?
4. How long would it take for the population to double at an 8% growth rate?
5. If the population continues to grow by 8% every decade, what will it be in 2027?

**Tip:** When dealing with percentage growth over time, the formula \( \text{Population} = \text{Initial Population} \times (1 + \text{Growth Rate})^n \) can be useful, where \( n \) is the number of periods (e.g., decades).

Discover how to calculate population growth over a decade with an 8% increase. Learn the formula and step-by-step calculation used to determine the population of a city in 2017 starting from 500,000 in 2007. Suitable for academic and practical applications.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation