Answer:
1,044,856
Step-by-step explanation:
To solve this problem, we can use the exponential growth formula which is:
[tex]A = P(1+r)^t[/tex]
A = total amount
P = original amount
r = growth rate (decimal)
t = years
Before we plug in the values, don't forget to change 12% to its decimal form.
12% -> [tex]\frac{12}{100}[/tex] -> 0.12
Now, lets plug in the values:
[tex]A=422,000(1+0.12)^8[/tex]
[tex]A=1,044,856[/tex]
The population of the city after 8 years will be 1,044,856.
