Question

A gym currently has 2000 members it expects to grow 12% per year how many members will it have in 6 years

Answer 1

By the sixth year it should have 3947 members. Just take 2000 then multiply by 1.12 and you get the number after the first year. Then the resulting 2240 by 1.12, and so on for every year

Answer 2

3440 members

Explanation:

2000->100%

?-> [100+12]112%

112*2000/100

2240 members in the first year

2240-2000=240[increase in members-rep 12% growth]

240m->1 year

? ->6 years

240*6 years/1 year

1440 members growth in 6 years

2000+1440=3440