Get the information you need with the help of IDNLearn.com's extensive Q&A platform. Get comprehensive and trustworthy answers to all your questions from our knowledgeable community members.
Sagot :
We would apply the formula for exponential growth which is expressed as
A = P(1 + r)^t
where
A is the population after t years
P is the initial population
r is the interest rate
t is the number of years
From the information given,
P = 320000
r = 4.75% = 4.75/100 = 0.0475
t = 15
By substituting the values into the formula, we have
A = 320000(1 + 0.0475)^15
A = 320000(1.0475)^15
A = 641890
The population after 15 years is 641890
Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.
