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In 2010, there were approximately 50,000,000 latinos in the united states. At a growth rate of 2. 5% per year, what will the latino population be in 2020?

Respuesta :

samuelonum1

The annual population growth rate formula used to calculate compounded growth, the final population of the latinos is

640,00,000

Population Growth Rate Formula: Compounded Growth

Given

  • P , future population size = ?
  • P ' initial population size = 50,000,000
  • i  growth rate = 2.5%
  • n number of periods, such as years = 2010-2020 =  10 years

P =P′(1+i)^n

Substitute our given data to final the final population of latinos

P = 50,000,000(1+0.025)^10

P = 50,000,000(1+0.025)^10

P = 50,000,000(1.025)^10

P = 50,000,000*1.28

P = 640,00,000

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