The population of a town is 8600 and is growing 3% a year. What will the population be after 3 years

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02-04-2017
Mathematics

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The population of a town is 8600 and is growing 3% a year. What will the population be after 3 years

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MaggZAttaggZ MaggZAttaggZ · Answer 1 · 2017-04-02T23:57:23+02:00

MaggZAttaggZ MaggZAttaggZ

02-04-2017

The formula for this question is P(n) = P*(1+r)^n

So the initial population is 8600 or P, and n can be the number of years. r is the rate it grows, 3% or 0.03.

Plug in these values
P = 8600
r = 0.03
n = 3

into P(n) = P*(1+r)^n

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jayden2001 jayden2001 · Answer 2 · 2017-04-02T23:58:35+02:00

jayden2001 jayden2001

02-04-2017

Multiply 8600 by .03 and add the number to 8600, do this 3 times and you will get the final population after 3 years

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