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An elementary school is in a growing suburb. The schools principal estimates that the current enrollment of 750 students will increase 5% each year for the next 10 years. By what percent will the enrollment increase over 10 years?

Respuesta :

streakstoppe

Answer:

Step-by-step explanatio2+2 21n:

The percentage will the enrollment increase over 10 years is 62.93%

Calculation of the percentage:

Here first we determine the future value

[tex]= 750 \times ( 1+ 0.05)^{10}\\\\= 750 \times 1.10^{10}\\\\= 750 \times 1.629\\\\[/tex]

= 1,222

Now the increment should be

= 1,222 - 750

= 472

Now finally the percentage should be

[tex]= 472 \div 750[/tex]

= 62.93%

learn more about the percentage here: https://brainly.com/question/19270423

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