Boomtown's Exponential Growth: A Bright Future Ahead

What is the approximate population of Boomtown in the year 2025?

Boomtown's approximate population in the year 2025 is projected to be 31,250.

Boomtown, with its exponential growth rate of 25% per year since 1960, has seen a steady increase in its population. By using the exponential growth formula, we can calculate that the population in the year 2025 will reach approximately 31,250 people.