Answer:
42.40705%
Step-by-step explanation:
(1 - (23/100)^(19/9) = 1 + r/100
0.57593 = 1 + r/100
r = 42.40705%
Answer: 0.0001408
Step-by-step explanation:
5.3 repeating is the answer
The expected enrolment in 7 years is 1845.
<h3>What is the expected enrolment?
</h3>
The formula for calculating future value of the number of students is an exponential equation with this form:
FV = P (1 + r) ^n
- FV = Future population
- P = Present population
- R = rate of growth of the population
- N = number of years
1500 x (1.03)^7 = 1845
To learn more about future value, please check: brainly.com/question/18760477
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