anonymous
  • anonymous
A city's population is 5 million this year. If the population grows by 4% each year, what will the population be after two years? a.) 5,204,000 b.) 5,306,000 c.) 5,408,000 d.) 6,004,000 Fanks. <3 <3
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
Ok. You would use the equation P=500000(1+0.04)^2
anonymous
  • anonymous
Where p is the final value, and 5000000 is the principal value.
anonymous
  • anonymous
Excuse me I was missing one 0.

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anonymous
  • anonymous
Just punch the equation to your calculator.
anonymous
  • anonymous
Do you have any questions?
anonymous
  • anonymous
p=5849292.8 ?
anonymous
  • anonymous
The equation is right, so you would pick the closest answer to whatever your calculator says.
anonymous
  • anonymous
Make sure that you input the values correctly. If that's the value you got, then you are left to pick the last option.
anonymous
  • anonymous
the answer to the the equation isn't an option though.
anonymous
  • anonymous
p=5000000 (1+0.04) ^4
anonymous
  • anonymous
Note that all of your answers end with 3 zeroes. That is theoretically impossible.
anonymous
  • anonymous
No number would be so convenient as to be equipepd with three zeros. Therefore in these questions often colleges want to see that you have a problem solving skilll at y our reach.
anonymous
  • anonymous
Therefore often times you are left to pick the closest number possible. I had to do those questions in standardizes tests too. They want to see that you can improvise.
anonymous
  • anonymous
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