If initial population of any place is X0 and annual population growth is R%, then what is the population of that place after Y years?
1 Answer
Solution,
Here, initial population (P) = X0
Population growth rate (R) = R% p.a
Population after Y years (PT) = ?
By using population growth formula,
PT = \(P\left(1+\frac R{100}\right)^T\)
= \(X_0\left(1+\frac R{100}\right)^Y\)
∴ Population of that place after Y years is \(X_0\left(1+\frac R{100}\right)^Y\)
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