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Tacoma’s population in 2000 was about 200 thousand, and has been growing by about 8% each year. If this continues, what will Tacoma’s popula
Question
Tacoma’s population in 2000 was about 200 thousand, and has been growing by about 8% each year. If this continues, what will Tacoma’s population be in 2012?
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Mathematics
6 months
2021-07-15T22:11:22+00:00
2021-07-15T22:11:22+00:00 1 Answers
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Answers ( )
Answer:
503634
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r) n
FV = Future value
P = Present value
R = interest rate
N = number of years
200,000(1.08)^12