Question

A town has a population of 8400 in 1990. Fifteen years later, its population grew to 12 500. Determine the average annual growth rate of this town's population.

Answer 1

\( \color{Black}{\Rightarrow \Large{12500 - 8400 \over5} }\)

Answer 2

why am I dividing by 5?

Answer 3

This is because we have the annual growth rate.... ANNUAL = YEARLY

Answer 4

What he means, is that you should divide by \(15\), for the fifteen years.