The town of Euclid started a voluntary recycling program. The first year it was utilized by 1500 residents. Every year afterward
, the number of new users was 120% of the new users the year before. After 6 years, how many people total were using the recycling program?
1 answer:
Answer:
<em>170,070 residents</em>
Step-by-step explanation:
Original population = 1500 residents
Total population after 6 years is calculated using the formula
A = P(1+r)^t
r is the rate = 120% = 1.2
t is the time = 6 years
P is the original population
A = 1500(1+1.2)^6
A = 1500(2.2)^6
A = 1500(113.379904)
A = 170,069.856
<em>Hence the total people using the recycling program after 6 years is approximately 170,070 residents</em>
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