SOLUTION
The formula for an exponential growth is:
[tex]y=a(1+r)^x[/tex]From the question:
a=26,237
r=2.4%
x=10
Substitute the values into the equation:
[tex]y=26237(1+2.4\%)^{10}[/tex]Calcualte the value of y:
This gives:
[tex]\begin{gathered} y=26237(1.024)^{10} \\ y\approx33259 \end{gathered}[/tex]Therefore the population will be approximately 33259 people
