Question

If a towns population currently at 50,000 experiences 5% growth every 10 years, what will its population be in 25 years

Answer 1

56503

Explanation:

this grows exponentialy so at the start it would be 50,000 growing by 5% every ten years. but since there is only 2 ten years in 25 years we must cut the percent in half making 2.5%

Step 1

(50,000×5%)+50,000= 52500

Step 2

(52500×5%)+52500= 55125

step 3

(55125×2.5%) +55125= 56503