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The population of a city increases by 1.2% per year. If this year's population is 98,000 , what will next year's population be, to the nearest individual? Answer:

The population of a city increases by 1.2% 1.2 \% per year. If this year's population is 9898,000000 , what will next year's population be, to the nearest individual?\newlineAnswer:

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Q. The population of a city increases by 1.2% 1.2 \% per year. If this year's population is 9898,000000 , what will next year's population be, to the nearest individual?\newlineAnswer:
  1. Identify Population and Growth Rate: Identify the current population and the annual growth rate. The current population is 98,00098,000, and the growth rate is 1.2%1.2\% per year.
  2. Convert Growth Rate to Decimal: Convert the percentage growth rate to a decimal to facilitate the calculation.\newline1.2%1.2\% as a decimal is 0.0120.012.
  3. Calculate Population Increase: Calculate the increase in population due to the growth rate.\newlineIncrease = Current Population×Growth Rate\text{Current Population} \times \text{Growth Rate}\newlineIncrease = 98,000×0.01298,000 \times 0.012
  4. Find Next Year's Population: Perform the calculation to find the increase.\newlineIncrease = 98,000×0.012=1,17698,000 \times 0.012 = 1,176
  5. Perform Calculation for Next Year: Add the increase to the current population to find next year's population.\newlineNext Year's Population = Current Population + Increase\newlineNext Year's Population = 98,000+1,17698,000 + 1,176
  6. Round Population to Nearest: Perform the calculation to find next year's population.\newlineNext Year's Population = 98,000+1,176=99,17698,000 + 1,176 = 99,176
  7. Round Population to Nearest: Perform the calculation to find next year's population.\newlineNext Year's Population = 98,000+1,176=99,17698,000 + 1,176 = 99,176 Round the population to the nearest individual.\newlineSince the population is already a whole number, no rounding is necessary.\newlineNext Year's Population = 99,17699,176

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