Question

The economic growth of a region has followed a cyclic pattern over several decades, reaching its peak about 5 years from the end of the bottom period, staying at or close to the peak for a year, again falling to the bottom after two years, and staying at the bottom for a year before rising again. As of January 2018, the economy in the region has been good for almost a year. The region’s population grows by roughly 5% from the end of the worst economic year to the end of peak economic period. The population growth of the region drops to 2% from the end of peak economic year to the end of bottom economic period. The enrollment growth of a trade school has exact inverse variation with the economic growth of the region, but it could be affected by the opening of new manufacturing plants in the region. In other regions, the opening of every new manufacturing plant has shown a rough 2% growth in the student enrollments in the local trade schools. A new manufacturing plant, which is under construction now, is expected to open in the region in
5 years. If the enrollment of the trade school now is 1200, what is the projected student enrollment in the school in the year 2030?

Answer 1

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