A city's population is 5 million this year. If the population grows by 4% each year, what will the population be after two years?
a.) 5,204,000
b.) 5,306,000
c.) 5,408,000
d.) 6,004,000
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Ok. You would use the equation P=500000(1+0.04)^2

Where p is the final value, and 5000000 is the principal value.

Excuse me I was missing one 0.

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