Question

the population of a city increases by 4.1% per year. if this years population is 361,000, what will next years population be, to the nearest individual?

Explanation:

Step1: Convert percentage to decimal

The growth rate is 4.1%, so as a decimal, it is $0.041$.

Step2: Calculate the growth factor

The growth factor is $1 + 0.041 = 1.041$.

Step3: Find next year's population

Multiply this year's population by the growth factor: $361000\times1.041$.
$361000\times1.041 = 361000 + 361000\times0.041 = 361000 + 14801 = 375801$.

Answer:

375801