Question

6.

Answer 1

A. Every month Population will increase by a factor of 0.84%.

B.  Every 3 months Population will increase by a factor of 2.5%.

C. Increase in population in every 20 months is 10% + 6.72% = 16.72%.

Step-by-step explanation:

Here, we have  number of employees in a company has been growing exponentially by 10% each year. So , If we have population as x in year 2019 , an increase of 10% in population in 2020 as  $x + \frac{x}{100}\times10$ which is equivalent to $\frac{11x}{10}$.

A.

For each month: We have 12 months in a year and so, distributing 10% in 12 months would be like $\frac{10}{12} = 0.84$ . ∴ Every month Population will increase by a factor of 0.84%.

B.

In every 3 months: We have , 12 months in a year , in order to check for every 3 months  $\frac{12}{3} = 4$ and Now, Population increase in every 3 months is $\frac{10}{4} = 2.5$.  ∴ Every 3 months Population will increase by a factor of 2.5%.

C.

In every 20 months: We have , 12 months in a year in which increase in population is 10% . Left number of moths for which we have to calculate factor of increase in population is 20-12 = 8. For 1 month , there is 0.84% increase in population ∴ For 8 months , 8 × 0.84 = 6.72 %.

So , increase in population in every 20 months is 10% + 6.72% = 16.72%.