Each year we add 4.5% interest.
4.5% as a decimal is 0.045.
We multiply by 1.045 to add this interest.
(not 0.045, this would just be the interest and wouldn't keep the whole)
To start: $1,000
Multiply by 1.045 for the first year.
Now we have $1,045.
Multiply by 1.045 again for the second year.
Now we're at 1092.025.
We need to round up to the nearest cent...$1,092.03
(2,1) is the solution because its where they both intersect..
If the population quadruples every period say hour, that means the "rate of growth" is 300%, so whatever the current amount, increased by 3 times as much is 4 times the current amount, or a quadrupled amount.
Answer: 92/3 OR 30 2/3 ??
Step-by-step explanation: