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according to the U.S. census bureau, the population of Hawaii in 2010 was 1,360,301 and it was growing at an annual rate of 1.2%. Predict the population in Hawaii in 2032

Respuesta :

sarkhan2018
By applying the formula for the compound interest, [tex]FV_{N} = PV_{N} * (1+r)^{N} [/tex], because of the same logic we could calculate population in 2032. According to the formula, we can write that: 1,360,301 * (1+0.012) ^ [tex] {22} [/tex]   = 1,768,505. 

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