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Mkey [24]
2 years ago
14

The enrollment for a new program is 1,500 students. the program is expected to grow at a rate of 0.03. what is the expected enro

llment in 7 years? round to the nearest whole number.
Mathematics
1 answer:
Hatshy [7]2 years ago
3 0

The expected enrolment in 7 years is  1845.

<h3>What is the expected enrolment?
</h3>

The formula for calculating future value of the number of students is an exponential equation with this form:

FV = P (1 + r) ^n

  • FV = Future population
  • P = Present population
  • R = rate of growth of the population
  • N = number of years

1500 x (1.03)^7 = 1845

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

#SPJ1

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