Given the equation 1/4 (16 + 12x) = 28, to solve this first we open the bracket using the distributive property. According to this property, given A, B and C then:
Look at the LHS: you have the square of x, then you have 2 times x, times -1. to complete a square you just need to add the square of -1, that is 1. That becomes
A = P(1+r)^(t/5) A = 500000(1+0.05)^(15/5) A = 500000(1.05)^(15/5) A = 500000(1.05)^3 A = 500000*1.157625 A = 578812.5 Telling us that the population will be about 578,812 people in the year 2005