Question

The current student population is 2100. If the population increases at a rate of 14.5% each year. What will the student population be in five years?

A. 2545
B. 2725
C. 2905
D. 3085

Answer 1

The student population will be approximately 2905 in five years. Therefore, the correct option is C. 2905

Step-by-step explanation:

To calculate the student population in five years, we need to apply the given growth rate of 14.5% per year to the current population of 2100. To do this, we can use the formula:

New Population = Current Population × (1 + Growth Rate)^Number of Years

Plugging in the values, we get:

New Population = 2100 × (1 + 0.145)^5

Simplifying the calculation, the new student population after five years will be approximately 2905.