Answer :
The number of people that would be infected on Dec 19th, based on the daily growth rate of 0.18% is 1,076,542
What is interval in days between Nov. 19th and Dec.19th?
The interval between November 19th and December 19th is a period of 30 days, since there are 11 more days in November and 19days in December, in essence, using the future value formula, we can compute the number of people tested positive for corona virus on 19th December as shown below:
FV=PV*(1+g)^N
FV=number of people tested positive for corona virus on 19th Dec.=unknown
PV=number of people tested positive for corona virus on Nov. 19th=1,020,000
g=growth rate=0.18%
N=number of days between 19th Nov. and Dec.
FV=1,020,000*(1+0.18%)^30
FV= 1,076,542
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