Compound interest formula: A= P(1 or - r/n)^nt

A = amount, P = principal, r = rate, n = number of times compounded a year, t = time in years

Question:
Carl's weight at 12 years old is 82 lbs. If his weight is expected to increase at a rate of 16 % each year, how much will he weigh after 5 years?

Question

Compound interest formula: A= P(1 or - r/n)^nt

A = amount, P = principal, r = rate, n = number of times compounded a year, t = time in years

Question:
Carl's weight at 12 years old is 82 lbs. If his weight is expected to increase at a rate of 16 % each year, how much will he weigh after 5 years?

sillybilly123 · Answer

$\text{weight after 5 years} = 82 (1 + 0.16)^5$

vaporeon246 · Answer

Thank you @sillybilly123