Question

A charity distributed 80 000 emergency packages during 2018. This number is
expected to increase by 15% each year.
Calculate how many emergency packages the charity expects to distribute in 2021.

Answer 1

Answer:

121670

Step-by-step explanation:

The number of packages can be defined with the function:

P(t) = P(t-1)*1.15 where t = the years and 1.15 represents the 15% increase.

Packages during 2018: P(2018) = 80000

Packages during 2019: P(2019) = P(2018)*1.15 = 92000

Packages during 2020: P(2020) = P(2019)*1.15 = 105800

Packages during 2021: P(2021) = P(2020)*1.15 = 121670