Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

A town has a population of 45000. This population increases exponentially at a rate of 1.6% per year. Find the population of the town at the end of 5 years. Give your answer correct to the nearest hundred. ( give me the workings please )

Sagot :

Use this equation (1+n/100)^r* invested or current value. n is the percentage and r is the years
(1+1.6/100)^5 * 45,000
= 48717.05799
= 48800 after 5 years

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.