A town has a population of 10000 and grows at 5% every year. What will be the population after 5 years, to the nearest whole number?

2 answers
Question:

A town has a population of 10000 and grows at 5% every year. What will be the population after 5 years, to the nearest whole number?

Answers

Answer: 12500Step-by-step explanation: 10000 x 5% = 500. 500 x 5 = 2500. 10000 + 2500 = 12500

one year : 10000 * 1.05 = 10500two years : 10500 * 1.05 = 11025three years : 11025 * 1.05 = 11576.25four years : 11576.25 * 1.05 = 12155.0625five years : 12155.0625 * 1.05 = 12762.8156 rounded to the nearest whole number, the town would have 12,763 people in five years.

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