A country currently has a population of 100 million and an annual growth rate of 3.5 percent. If the growth rate remains constant, it meas that

D. 400 million

Explanation:

Current Population of the country = 100 million

growth rate per year = g = 3.5%

Number of Years = n = 40 Years

Population after 40 year  = ?

To calculate the population after 40 year use following formula:

Population after 40 years = Current year population x ( 1 + growth rate )^ number of years

Population after 40 years = Current year population x

Population after 40 years =  100 million x

Population after 40 years =  100 million x

Population after 40 years =  100 million x 3.959259

Population after 40 years =  395.93 million

Population after 40 years =  400 million ( Rounded off to nearest hundred )

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

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