The population of a city increases by 3% per year. If this year's population is p, which expression represents next year's population?0.03p3p1.003p1.03p
Q. The population of a city increases by 3% per year. If this year's population is p, which expression represents next year's population?0.03p3p1.003p1.03p
Understand the problem: Understand the problem.We need to find the expression that represents the population of a city next year, given that the population this year is p and it increases by 3% annually.
Translate percentage increase: Translate the percentage increase into a decimal.A 3% increase can be represented as 0.03 in decimal form.
Apply increase to current population: Apply the percentage increase to this year's population.To find next year's population, we add the 3% increase to the current population. This is equivalent to multiplying the current population by 1 plus the percentage increase in decimal form.
Write expression for next year's population: Write the expression for next year's population.Next year's population is this year's population plus 3% of this year's population. In mathematical terms, this is p+(0.03×p).
Simplify the expression: Simplify the expression.Combine like terms by factoring out p from the expression.$p + (\(0\).\(03\) \times p) = p \times (\(1\) + \(0\).\(03\)) = p \times \(1\).\(03\)
Identify correct expression: Identify the correct expression from the given options.\(\newline\)The expression that represents next year's population is \(p \times 1.03\).
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