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Leni [432]
3 years ago
8

The population is 20,000 now and expected to grow at an annual rate of 5%.

Mathematics
1 answer:
zaharov [31]3 years ago
8 0

Answer:

Whats the question?

Step-by-step explanation:

it grows by 5% of 20,000 every year, which is 1,000. So each year it increases by 1,000, and after 20 years the population would have doubled. There is no real question, so I hope this information is enough to help you with your work.

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$1689 invested for 4 years at 3% compounded annually ?
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The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901

The amount of money gained after an investment is compounded is given by:

A=P(1+\frac{r}{n} )^{nt}

Where P is principal, A is the final amount, r is the rate, n is the number of times compounded per period and t is the time

Given that P = $1689, t = 4, r = 3% = 0.03, n = 1, hence:

A=P(1+\frac{r}{n} )^{nt}\\\\A=1689(1+\frac{0.03}{1} )^{4*1}\\\\A=\$1901

The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901

Find out more at: brainly.com/question/14295570

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Step-by-step explanation:

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One way I remember is that:

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