Answer:
546,397 people
Step-by-step explanation:
We solve for the above question, using the formula for Exponential growth
The formula is given as
P(t) = Po (1 + r)^t
Po = Initial population = 310,000
r = Exponential growth rate = 6.5% = 0.065
t = Time in years = 9
P(t) = Population size after time t
Hence:
P(t) = 310,000 × (1 + 0.065)⁹
P(t) = 546,396.82088 people
Approximately =546,397 people
The population will be 546,397 people after 9 years.
Answer:
b
Step-by-step explanation:
Answer:
5 = 5 True
1 = 20 False
Step-by-step explanation:
$28<span> compounded on a </span>Yearly<span> basis over the course of </span>5<span> years at a </span>4% interest rate would be worth:
<span>$34</span>
