I have 1500 dollars in year 2010 in what year would i reach 2000 dollars at 4% interest?

2 answers

I = prt

500 = 1500 * 0.04 * t

500 = 60t

500/60 = t

8.333 = t

8.333 + 2010 = ?
There were 30.7 million people living in Canada in 2000. The population was expected to have a natural growth rate of 1.1% with an additional net migration of .2 million people.

A. Write a next-now equation that can be used to predict the canadian pop. for any year into the future.

B. IN what year is the pop. expected to reach 38 Mill.?