Question

4. Consider the following situation: enrollment at a school is initially 322 students and

Answer 1

Answer:

392 students

Step-by-step explanation:

we know that

The equation of a exponential growth function is given by

$y=a(1+r)^x$

where

y is the number of students at the school

x is the number of years

r is the rate of change

a is the initial value

we have

$a=322\ students\\r=4\%=4/100=0.04$

substitute

$y=322(1+0.04)^x$

$y=322(1.04)^x$

For x=5 years

substitute

$y=322(1.04)^5=392\ students$