Answer:
75
Step-by-step explanation:
The number of years value isn't given, we could use an hypothetical value, which can be substituted for the correct number of years given in your exercise in other to find the exact answer.
Using a t value of 10 years
Answer:
651558
Step-by-step explanation:
Given that:
Initial population, P0= 400,000
Growth rate, r = 5%
Using the relation :
P(t) = P0 * (1 + r)^t
t = number of years = 10
P(10) = 400000 * (1 + 0.05)^10
P(10) = 400000 * (1.05)^10
P(10) = 400000 * 1.628894626777
P(10) = 651557.8507
= 651558 nearest whole number.
Recall that, the t value used is hypothetical and should be replaces with te exact value given in your question.
So,
If you do some simple division, you will find how much each cm costs in each cake.
20cm cake = 67.5 cents/cm
25cm cake = 93.75 cents/cm
Assuming that you cannot order fractions of cakes, the best deal would be to order 5 of the 20cm cakes.
Cost = 13.50 * 5 = $67.50
You will have to pay $67.50 for the cakes if you want the best deal.