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2 years ago

1. The population of a town was 5655 in 2010. The population grows at a rate of 1.4% annually.

Mathematics

1 answer:

DaniilM [7]2 years ago

6 0

Answer:

Step-by-step explanation:

a) We would use the formula for exponential growth model which is expressed as

y = b(1 + r)^t

Where

y represents the population after t years.

t represents the number of years.

b represents the initial population.

r represents rate of growth.

From the information given,

b = 5655

r = 1.4% = 1.4/100 = 0.014

Therefore, the equation would be

y = 5655(1 + 0.014)^t

y = 5655(1.014)^t

b) in 2022, t = 2022 - 2010 = 12 years

y = 5655(1.014)^12

y = 6682

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2 years ago

Find the simple interest on $6000 from 16 May 2010 to 9 October 2010 at 10 percent per annum

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Answer:

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10% per year means "how much percent per day?"

We need to divide 10 by 365 since there are 365 days in a year. Hence,

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2 years ago

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Answer:

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