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The population of a western county is 100,000. The local development planner predicts that the population will increase by 7% each year for the next
The population of a western county is 100,000. The local development planner predicts that the population will increase by 7% each year for the next 10 years. On the other hand, the county electoral board predicts that the population will increase by a constant factor of 7,500 each year of the next 10 years. Whose method predicts a larger population for the county at the end of the 10-year cycle?
- The local developments planner's method
- The county electoral board's method
- Both methods predict the same final population at the end of the 10-year cycle
- There is not enough information provided to answer the question
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