The population of a certain geographic region is approximately 103 million and grows continuously at a relative growth rate of 1.67%. What will the population be in 5 years? Compute the answer to three significant digits.
The population ( now ) : 103 million. In 5 years: 103 * ( 1.0167 )^5 = = 103 * 1.08633586 = = 111.89259 ≈ 111.893 Answer: The population will be 111.893 million.
