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Please Help! Population Growth (1 Viewer)

clareh08

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If in 2014, the Australias population was 23 246 692, with a growth rate of approximately 1.14%, what was the population in 2015?

Please help! What is the formula and how would you work out this question
 

jamesh1234

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BLIT2014

The pessimistic optimist.
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A=P(1+R)^n
=23 246 692(1+1.14%)
=23511704.2888
=23511705 people.
 

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