Answer:
The number of student increased each year by 986.58.
Step-by-step explanation:
Given : In 2002, there were 972 students enrolled at Oakview High School.
To find : The number of students has increased by 1.5% each year ?
Solution :
Using the exponential growth function,
[tex]P(t)=P_o(1+r)^t[/tex]
Here, [tex]P_o=972[/tex] is the initial population
r=1.5%=0.015 is the rate
t=1 time
[tex]P(t)=972(1+0.015)^1[/tex]
[tex]P(t)=972(1.015)[/tex]
[tex]P(t)=986.58[/tex]
i.e. the number of student increased each year by 986.58.
