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:

Subscription Price

The fee charged to access a service or product for a particular period, often used for magazines, software, and memberships.

Rights Offering

The offering of new shares to existing shareholders at a discounted price, allowing them to buy additional shares directly from the company.

Stock Price

The value of a single share of a company's stock, representing ownership interest in the company.

Underwriting Spread

The underwriting spread is the difference between the amount underwriters pay to the issuer in a securities offering and the price at which the securities are sold to the public, serving as compensation for the underwriters.