Question

P = 215(1.005)t/3

Answer 1

Answer:

(D) 36

Step-by-step explanation:

0.5%  = 0.5/100  =  0.005

It is given that the population (215) is predicted to increase by 0.5%. To know the value after increment, 215 has to be multiplied by (1 + 0.005) or 1.005.

In the equation P  =  215(1.005)t/3, the value of t/3 has to be equal to 1 for 0.5% increase.

t/3  =  1

t  =  3 years

Convert years to months.

n  =  3 ⋅ 12 months

n  =  36 months

The correct option is D.

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