Question

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? Answer is 33275 but write down in step by step.
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Answer 1

Step-by-step explanation:

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Answer 2

Answer:

33275

Step-by-step explanation:

No. of trees = 25000 x (1 + r)ⁿ

                    = 25000 x (1 + 10/100)³

                    = 33275

              Method 2:

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