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Population growth by same percent year

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1. In the 2000 U.S. Census, a small city had a population of 50.000. By the 2010, the population had reached 74,012. If the population grows by the same percent each year, when will the population reach 100,000?

2. Five years ago you opened a savings account with annual compound interest by depositing $1,200. You check your balance today, and it is $1,459.98. Assuming you have made and will make no withdrawals or deposits, when will your account have a blance of $30:10?

Reference no: EM13836374

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