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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

User Addie
by
8.6k points

1 Answer

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

User Masay
by
7.8k points

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