Question

Suppose the population of a town is 8,600 and is growing 3% each year. Predict the population after 3 years

Answer 1

Continuous compounding

Answer 2

\( \color{Black}{\Rightarrow 8600(1 + 0.3)^3 }\)

Answer 3

That ^

Answer 4

what parth said

Answer 5

Oops actually it'd be 0.03

Answer 6

\( \color{Black}{\Rightarrow 8600(1 + 0.03)^3 }\)

Answer 7

A. about 77,400 people

B. about 9,397 people

C. about 26574 people

D. about 232,200 people

Answer 8

\( \color{Black}{\Rightarrow 8600(1.03)^3 }\)

Answer 9

thanks

Answer 10

B .