According to the U. S. Census Bureau, the population of the United States in 2016 was 324 million people. The rate of growth in population was 0.8% per year. Assume that this rate of growth remains the same through 2030.

p(14) = 362.23 million

Explanation:

given data

population in 2016 = 324 million

growth rate = 0.8%

solution

we know that rate of growth remain the same through 2030

so predict population to be in 2030 will be

time period is here 14 years

so growth factor stay same but here population change each year base on last year population

p(x) = 324 ×  

p(14) = 324 ×  

p(14) = 362.23 million

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