To determine the difference in population between Town A and Town B in 1993, we first need to calculate the annual growth rate for each town from 1985 to 1989. We can then apply this growth rate to project the population for 1993.
Population of Town A in 1985 = 20,000
Population of Town A in 1989 = 25,000
The growth over 4 years (1985 to 1989):Growth Rate = ((Final Population - Initial Population)/Initial Population) * 100 / Number of Years
Substitute the values:
Annual Growth Rate for Town A = ((25,000 - 20,000) / 20,000) * 100 / 4 = 6.25%
Population of Town B in 1985 = 20,000
Population of Town B in 1989 = 28,000
The growth over 4 years:Annual Growth Rate for Town B = ((28,000 - 20,000) / 20,000) * 100 / 4
Annual Growth Rate for Town B = ((28,000 - 20,000) / 20,000) * 100 / 4 = 10%
Calculate the population for each town after 4 more years (from 1989 to 1993).
Population of Town A in 1989 = 25,000
Projected Population = Initial Population * (1 + Annual Growth Rate)^Number of Years
Projected Population for Town A in 1993 = 25,000 * (1 + 0.0625)^4 ≈ 31,600
Population of Town B in 1989 = 28,000
Projected Population for Town B in 1993 = 28,000 * (1 + 0.10)^4 ≈ 38,550
Difference = Population of Town B in 1993 - Population of Town A in 1993
Difference = 38,550 - 31,600 = 6,950
Thus, the difference in population between the two towns in 1993 is 6,950.