Growth rate = 200% each year
SO population becomes twice in each year
After 20 years, population = 5* 2^20 = 5242880
(Assuming no deaths occur)
Answer:
I used the picture to answer the question and the answer was -4
Answer:
$478.06
Step-by-step explanation:
let's first start out by figuring out the present value of the loan
((20540*1.0825)+955+57)-3900
Which gives me a value of 23246.55
I'm then going to assume that the 8.6% is a nominal interest rate meaning that the effectively monthly rate is equal to .086/12=.0072
Which means we have
23246.55=X(a angle 60 at .0072) (i'm using annuities to solve this if you don't know what this is just ask)
Solve this and get $478.06
5 million x 3% = 150,000
1 Year = 5,150,000
5.15 million x 3% = 154,500
2 Years = 5,304,500
5,304,500 x 3% = 159,135
3 Years = 5,463,635
5,463,635 x 3% = 163,909.05
4 Years = 5,627,544.05
5,627,544.05 x 3% = 168,826.322
5 Years = 5,796,370.37
After 5 years, the population will be 5,796,370.37
He used distributive property