Answer
The population of the city in 24 years will
be approximately 2,024,467.3206337208
What is the population in 24 years?
<u>The formula for calculating future value:</u>
Population:- 2,024,466
Answer: See explanation
Step-by-step explanation:
Your question isn't complete but let's help out by giving some values to the question.
Let's say there are 230 students in a school. This number is 15% more than it was last year. Calculate the number of students last year.
Let the number of students last year be x.
Since there's a 15% increase, this implies that (100% + 15%) = 115% of x equals to 230. This will be:
115% of x = 230
115% × x = 230
115/100 × x = 230
1.15x = 230
x = 230/1.15
x = 200
There were 200 students last year.
Just assign the missing values and use the above method and you'll get your answer.
We can make an equation out of this by defining this mystery number as x. We can also use the word "of", by realizing that the word means multiplication.
Therefore, we have:
2/5x -3
If we plug in 25, we get:
2/5(25) - 3 =
50/5 - 3 =
10 - 3 =
7
Hopefully this helps!
The account is starting off with 1500, so that will be the start value. Since it is simple interest, it will always be gaining 4 percent of 1500. Let's find 4 percent of 1500.
1500×.04= 60
The account will be growing by $60 every year.
1500+60x=y
X is the number of years. We can find the interest earned by multiplying 5, since that is the number of years we are trying to find, and 60, since that is the interest.
60×5= 300
The interest earned is $300 over 5 years.
Now let's find the balance of the account after 5 years.
1500+ 60(5)=y
1500+300=y
1800=y
The balance of the account will be $1,800 after 5 years.