Solve the Problem. -The Population of a Town Is Increasing by 300 Inhabitants

question 22

Multiple Choice

Solve the problem.
-The population of a town is increasing by 300 inhabitants each year. If its current population is 20,506 and this trend continues, what would its population be in 8 years?

• A) 22,606 inhabitants
• B) 163,964 inhabitants
• C) 22,906 inhabitants
• D) 327,928 inhabitants

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Definitions:

NOW Accounts

Negotiable Order of Withdrawal accounts; interest-earning deposit accounts from which holders can write checks.

Money Supply

The inclusive amount of economic monetary assets present at a particular instance in an economy.

Credit Card

A payment card issued to users as a method of payment, allowing the cardholder to pay for goods and services based on the cardholder's promise to pay for them.

Personal Check

A personal check is a paper instrument that allows individuals to transfer money from their bank account to another person or entity.