In 2018, the population of a district was 25,000. With a continuous annual growth rate of approximately 4%, what will the
population be in 2033 according to the exponential growth function?
Round the answer to the nearest whole number.

Answer :

abidemiokin

Answer:

40,000 populations

Step-by-step explanation:

Initial population in 2018 = 25,000

Annual growth rate (in %) = 4%

Yearly Increment in population = 4% of 25000

= 4/100 * 25000

= 250*4

= 1000

This means that the population increases by 1000 on yearly basis.

To determine what the  population will be in 2033, we need to first know the amount of years we have between 2018 and 2033.

Amount of years we have between 2018 and 2033 = 2033-2018

= 15 years

After 15 years, the population will have increased by 15*1000 i.e 15,000 more than the initial population.

Hence the population in 2033 will be Initial population + Increment after 15years = 25,000+15000 = 40,000 population.

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