Question

A college with a graduating class of 4000 students in the year 2010 predicts that its graduating class will grow 5% per year.

Answer 1

Hello,

$u_0=4000\\u_1=4000*1.05 (for\ year\ 2011)\\\\u_n=4000*1.05^n\\So:\\year\ 2017: u_7=4000*1.05^7=5628,401690625\ \approx{5628}$