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21 May, 12:48

The population of a small town in Maryland has grown at a constant rate over the last ten years. In 1998, the population was 305 people. If the population increased by 15% each year, what is the population in 2008? A. 350 people B. 457 people C. 1,233 people D. 3,507 people

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  1. 21 May, 12:53
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    A=P (1+r) ^t

    A=305 (1+.15) ^10

    A = 1233
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