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Mathematics 15 Online
OpenStudy (anonymous):

Word Problem help! please. The population of a certain geographic region is approximately 117 million and grows continuously at a relative growth rate of 1.51%. What will the population be in 4 years? Compute the answer to three significant digits.

OpenStudy (anonymous):

do you know what the growth rate formula is?

OpenStudy (anonymous):

PR=(V present-Vpast)/Vpast x100 ???

OpenStudy (anonymous):

that's what I have. what problem are you having with plugging the numbers in?

OpenStudy (anonymous):

where they go.. i dont understand where the rate goes

OpenStudy (anonymous):

PR = Percentage Rate

OpenStudy (anonymous):

1.51=117,000,000-?/?x100

OpenStudy (anonymous):

I am thinking the future value is the unknown

OpenStudy (anonymous):

yes i understand that but how would i calculate that since it is unknown?

OpenStudy (anonymous):

\[1.51 = ((x - 117,000,000)/117,000,000)*100\]

OpenStudy (anonymous):

that 1.51 should have a percentage sign...

OpenStudy (anonymous):

i put that into the calculator and i must be doing it wrong the answer mathces none of my choices.. A. 124 million B.123 million C.127million D.126 million

OpenStudy (anonymous):

let me check something.

OpenStudy (anonymous):

\[ futre = 117,000,000*1.51^{4}\]

OpenStudy (anonymous):

try that

OpenStudy (anonymous):

what is the futre

OpenStudy (anonymous):

future. i have to go, my browser doesn't agree with this webpage.

OpenStudy (anonymous):

that doesn't work either. I am sorry.

OpenStudy (anonymous):

you can do it manually by taking 1.51% of 117,000,000 and then adding it up each time.

OpenStudy (anonymous):

for instance 117,000,000*0.0151 = 1,766,700, which the total is 118,766,700. this would be the populatoin after 1 year

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