the population for a city is 65 438 and grows continuously at a rate of 4.7% each year. What is the approximate population in 22 years?
I think you would just do 65,438x.47 get that answer. then, times that by 22...
How ? are you 100% sure ?
Oh no actually. there should be an equation but i don't know it. Becuase your compounding it. I just forgot the equation.. srry.
Yeah, thats all wrong
umm google like compounding interest equation and i think that would work.. i remember i did this last year..
can you help me get the correct answer.
@sauravshakya
yea ill try. Im gona look it up
Thanks
This is how i did it, skip down to the sample growth pop problem. If you me to do it though, just ask and i ll try walk you through it.
So whats the answer ?
umm 1 sec
ok
im srry, I only have a graphing calc. not sure how to use it compared to the old ti i had.. :( rly srry. i think the equation is 22=(6.5438x10^4)xe^(.47x20) ? i think. Just trying to help.
65,438 population = 65,438 * 1.047^y where y is number of years. so after 1 year = 65,438 * 1.047^1 = 68,514 After 22 years 65,438 * 1.047^22 = 65,438 * 2.7467997357 equals 179,745
Thank you sooo much . Can you help me with more @wolf1728
the number of customers visiting a local business is 61 874 and has been continuously declining at a rate of 3.5% each year. What is the approximate number of customers in 15 years?
@wolf1728
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