Today the population of a city is 250,000 and is growing at a rate of 4% per year. When or how many years will the population reach 850,000

asked Feb 21, 2024 35.6k views

3 votes

Today the population of a city is 250,000 and is growing at a rate

of 4% per year. When or how many years will the population reach
850,000

by Addie

8.6k points

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2 votes

Explanation:

Principal = 250,000

Rate = 4%

Simple interest = 850,000

Time = ?

$t = (100 * interest)/(principal * rate) \\ t = (100 * 850000)/(250000 * 4) \\ t = (100 * 85)/(25 * 4) \\ t = (8500)/(100) \\ t = 85years$

Masay answered Feb 28, 2024

by Masay

7.8k points

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