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21 June, 06:16

A town has a population of 8000 and grows at 3% every year. To the nearest tenth of a year, how long will it be until the population will reach 16300?

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  1. 21 June, 06:34
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    It will take approximately 34 years

    Step-by-step explanation:

    If a town population is 8000 and grows 3% annually.

    How long will it take to reach 16300

    growth is 16300 - 8000 = 8300

    using simple interest formula

    SI = (P * r * t) / 100

    8300 = (8000 * 3 * t) 100

    8300 = (80 * 3) t

    8300 = 240t

    t = 8300/240

    t ≈ 34 years to the nearest tenth
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