135k views
2 votes
A recycling center currently has the capacity to process 70,600 tons of recyclables per year, and its capacity is growing by 7% per year. What quantity of recyclables will the center be able to process 18 years from now?If necessary, round your answer to the nearest tenth.

User Sitrakay
by
7.0k points

1 Answer

4 votes

We have to use the simple interest formula


A=P(1+rt)

Where P = 70,600 tons, r = 0.07 (7%), and t = 18 years. Let's replace these values


\begin{gathered} A=70,600\cdot(1+0.07\cdot18)=70,600(1+1.26) \\ A=70,600(2.26)=159,556 \end{gathered}

Hence, after 18 years, there will be able to process 159,556 tons of recyclables.

User Thugsb
by
7.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.