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20 September, 04:06

A population of 422,000 increases by 12% each year. What is the approximate population after 5 years?

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  1. 20 September, 07:13
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    Here are formulas we choose from

    Increasing: y = a (1 + r) x Decreasing: y = a (1 - r) x

    we want increasing

    422000 (1+.12) ^5

    743,708 (you don't want the decimals because you can't divide a human ...)
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