The number of students at Yellowstone High School has been increasing by 4% each year. There are
currently 4,256 students. How many students will there be in 8 years?

Respuesta :

Answer:

5,617.92

Step-by-step explanation:

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 4%/100 = 0.04 per year.

Solving our equation:

A = 4256(1 + (0.04 × 8)) = 5617.92

A = $5,617.92

The total amount accrued, principal plus interest, from simple interest on a principal of $4,256.00 at a rate of 4% per year for 8 years is $5,617.92.