Twenty-five employees decide to chip in to buy a small refrigerator for the office. If the cost of the refrigerator is $275, how
2 answers:
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Answer:
15,267
Step-by-step explanation:
To solve this problem, lets use the exponential growth formula which is:
A = total amount
P = original amount
r = growth rate (decimal)
t = years
<u>Before we plug in the values, don't forget to change 3.5% to its decimal form.</u>
3.5% -> -> 0.035
Lets plug in the values:
The population after 7 years will be 15,267.