1. A town with a population of 5,000 grows 3% per year. Find the population at the end of
10 years.
LOTU

Year 1 5000 X 1.03 5150

Year 2 5150 X 1.03 5305

Year 3 5305 X 1.03 5464

Year 4 5464 X 1.03 5628

Year 5 5628 X 1.03 5796

Year 6 5796 X 1.03 5970

Year 7 5970 X 1.03 6149

Year 8 6149 X 1.03 6334

Year 9 6334 X 1.03 6524

Year 10 6524 X 1.03 6720

3 is greater then both of those numbers