A table lists several cities, their current population, and projected annual growth rate. Another source states that a new public transit system will only be funded in cities expected to exceed 1 million residents within the next 5 years. Which city is most likely to receive funding?

The correct answer to the question "A table lists several cities, their current population, and projected annual growth rate. Another source states that a new public transit system will only be funded in cities expected to exceed 1 million residents within the next 5 years. Which city is most likely to receive funding?" is Option D: City D (Population: 950,000, Growth Rate: 0.5% p.a.).

The other options — A) City A (Population: 800,000, Growth Rate: 2% p.a.), B) City B (Population: 900,000, Growth Rate: 1% p.a.), C) City C (Population: 750,000, Growth Rate: 3% p.a.) — are incorrect for this GMAT Exam Prep question. As explained above: Calculate projected population for each city after 5 years using compound growth. City D: 950,000 * (1.005)^5 ≈ 974,000. City A: 800,000 * (1.02)^5 ≈ 883,000. City B: 900,000 * (1.01)^5 ≈ 945,000. Ci…