Question

help pleas!
suppose the population of deer in a state is 10280 and is growing 1% each year. predict the population after 5 years.
a: 51400
b:15556
c:10804
d:514

Answer 1

compounded growth

(end) = (start) (1 + rate/year)^(number of years)

end = (10280) (1.01)^5

Answer 2

ok ill just type that on the calculator?

Answer 3

yes

then use your common sense 1% of 10280 is 102.80 = 103 approx.

five years of about 100 added willadd about 500, so answer

needs to be close to 10280 + 500 approx. Pretty evident from options.

Answer 4

ok I only got c... is that right?

Answer 5

Quite right!

Answer 6

can you still help me?
ps/ wh cant I keep answering I have to keep logging in and out?

Answer 7

Sorry that I do not know this system very well. Yuo should not have to log out/in/out each time.

Answer 8

a 4000.00 principal earns 5% intrest compounded annually after 4 years what is the balance in the account?
a:5000000.00
b:4862.03
c:4600.00
d:20250.00
can you help me with this?

Answer 9

amount = (principal) (1 + .05)^4
amount = 1.216 Principal

approximation is (Principal) (1 + 4 x 0.05) = 1.20 Principal