Question

City university projects that planned expansion will increase the number of enrolled students every year for the next five years by 10%. If 400 students enroll in the first year of the plan how many students are expected to enroll in the fifth year of the plan ?

Answer 1

The number of students that are expected to enroll in the fifth year of the plan is 644.

How many students are expected to enroll in the fifth year?

The formula that can be used to determine the future value of the population is:

FV = P (1 + r)^n

• FV = Future value
• P = Present value
• R = rate of increase
• N = number of years

400 x (1.1)^5 = 644

To learn more about future value, please check: brainly.com/question/18760477

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