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The population of Red Hook is growing at a rate of 3.5% per year. If it’s current population is 12,500, in how many years will the population exceed 20,000? Round your answer to the nearest year.

 Feb 24, 2020

Best Answer 

 #1
avatar+22017 
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20 000 = 12 500 (1+.035)n    solve for'n'

20 000/12500 = 1.035n

1.6 = 1.035n

log 1.6 / log 1.035 = n = 13.66 yrs ~~ 14 years   

 Feb 24, 2020
 #1
avatar+22017 
+1
Best Answer

20 000 = 12 500 (1+.035)n    solve for'n'

20 000/12500 = 1.035n

1.6 = 1.035n

log 1.6 / log 1.035 = n = 13.66 yrs ~~ 14 years   

ElectricPavlov Feb 24, 2020

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