2. There are 25,000 trees in a forest. If the target rate for growth in the number of trees
is 10% per year, what will their number be after 3 years?
Answers
Answer:
33275
Step-by-step explanation:
After 1 years:
No. of trees = 25000 + 10% of 25000
= 25000 + 2500
= 27500
After 2 years:
No. of trees = 27500 + 10% of 27500
= 27500 + 2750
= 30250
After 3 years:
No. of trees = 30250 + 10% of 30250
= 30250 + 3025
= 33275
Or directly, use:
No. of trees = 25000 x (1 + r)ⁿ
= 25000 x (1 + 10/100)³
= 33275
Given,
- There are 25000 trees in a forest.
- The rate for growth in Number of trees is 10% per year.
To Find,
- The Number of trees after 3 years.
Solution,
The Number of trees = 25000 trees
The rate of growth in Number of trees is 10% per year.
After First Year,
→ 10% of 25000 + 25000
→ 10/100 × 25000 + 25000
→ 2500 + 25000
→ 27500 trees
After Second Years,
→ 10% of 27500 + 27500
→ 10/100 × 27500 + 27500
→ 2750 + 27500
→ 30250 trees
After 3 Years,
→ 10% of 30250 + 30250
→ 10/100 × 30250 + 30250
→ 3025 + 30250
→ 33275 trees
Required Answer,
The Number of trees After 3 years is 33275 trees.