Every year , the population of a certain country increases by 2%. If the population is now 20 million people, what will be the population after 8 years?
Given, the population P=20,000,000,the rate of increaseing R=2% and the number of years n=8yr.
formula,
Population after n years = "P(1+\\frac{R}{100})^n\\\\\n=20000000(1+\\frac{2}{100})^8\\\\\n=23433187.62"
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