Question

A town has a population of 14000 and grows at 2.5% every year. What will be
the population after 5 years, to the nearest whole number?
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Answer 1

Answer:

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:Pop(0) is the starting population (1400) in year 0,

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:Pop(0) is the starting population (1400) in year 0,percent increase is the decimal value of the increase per year (.025), and

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:Pop(0) is the starting population (1400) in year 0,percent increase is the decimal value of the increase per year (.025), andn = number of years.

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:Pop(0) is the starting population (1400) in year 0,percent increase is the decimal value of the increase per year (.025), andn = number of years.Thus, Pop(5) = 1400*(1 + 0.025)5 = 1584 at the end of year 5.

The growth is 2.5% on an annual basis. That means it will increase by 2.5% over the previous year.If the base (year 0) is 1400. the population at the end of year 1 will be (1400*(1+0.025)) = 1435One can continue that for each year, so the end of year two will be 1435*(1.025) = 1471But you can see that this could be reduced to a simpler formula. Population at the end of year x can be written as: Pop(n) = Pop(0)*(1+(percent increase per year))n, where:Pop(0) is the starting population (1400) in year 0,percent increase is the decimal value of the increase per year (.025), andn = number of years.Thus, Pop(5) = 1400*(1 + 0.025)5 = 1584 at the end of year 5.You could also do a chart:

Step-by-step explanation:

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