It has been estimated that the population of Indianapolis is growing at a rate of 0.9% per year. Assuming that population growth continues at this rate and the population of Indianapolis was 1,988,817 in January of 2016, estimate the expected population of Indianapolis in January of 2,019.

three-fourths of an hour

36÷48=0.75

0.75=

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of