Question

The student population at a university is currently 400. The expected annual rate of increase is predicted to be 0.02. What will the population be in 5 years? Round your answer to the nearest whole number

Answer 1

Answer: 440

Step-by-step explanation:

Current population =400

0.02 increase= 2% increase

2% increase per year= 2/100 ×400 = 8

For 5 years, 8× 5= 40 additional students

Population in 5years will be current population + expected population = 400+ 40= 440