The population after 5 years is approximately 337,465 people
Explanation:The population of the city is 250,000
Annual growth rate is 6%
The population after t years is:
[tex]P=P_oe^{rt}[/tex]After 5 years, t = 5 and the population becomes:
[tex]\begin{gathered} P=250000e^{\frac{6}{100}\times5} \\ \\ =250000e^{0.3} \\ \\ \approx337465 \end{gathered}[/tex]The population after 5 years is approximately 337,465 people
