SOLUTION: The current population of Mt. Zion Student Center is 2,000. The enrollment center increases at a rate of 4% each year. To the nearest whole number, what will the student population

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: The current population of Mt. Zion Student Center is 2,000. The enrollment center increases at a rate of 4% each year. To the nearest whole number, what will the student population      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 654598: The current population of Mt. Zion Student Center is 2,000. The enrollment center increases at a rate of 4% each year. To the nearest whole number, what will the student population be closet to in 3 years?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
After 1st yr:
+2000+%2B+.04%2A2000+=+2080+
After 2nd yr:
+2080+%2B+.04%2A2080+=+2163.2+
After 3 yrs:
+2163.2+%2B+.04%2A2163.2+=+2249.728+
The population will be about 2250