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Help! I got 3,593 but that doesn’t make sense

Help! I got 3,593 but that doesn’t make sense-example-1

1 Answer

1 vote

Because the number increase by a percentage this is an exponential growth problem.

The equation for exponential growth is :

Total = start value x ( 1 + percent) ^ time

Using the information from the problem:

2011-2005 = 6 years.

Total = 23 x (1 + 0.72)^6

Total = 23x 1.72^6

Total = 595.52 = 596 total people

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