Answer:
Projected 2010 enrolment: 5492
Step-by-step explanation:Step-by-step explanation:
If the annual enrollment increases at a rate of
r
Since the 1998 enrollment was 2500
and the 2002 enrollment was 3250
(and there are 4 years from 1998 to 2002)
XXX
2500
×
(
1
+
r
)
4
=
3250
XXX
→
(
1
+
r
)
4
=
3250
2500
=
13
10
XXX
→
(
1
+
r
)
=
4
√
13
10
=
1.06779 Since there are 8 years from 2002 until 2010:
projected enrollment in 2010 should (have been)
3250
×
(
1.06779
)
8
=
5492