Answer:
Future Value= 18,478 people
Step-by-step explanation:
eGiving the following information:
Present value (PV)= 10,173
Growth rate (g)= 0.089 every 10 years
Number of periods (n)= 7
To calculate the population in 2020, we need to use the following formula:
FV= PV*(1 + g)^n
FV= 10,173*(1.089^7)
FV= 18,478 people
