The student population at a university is currently 400. The expected annual rate of increase is predicted to be 0.02. What will the population be in 5 years? Round your answer to the nearest whole number

Answer: 440

Step-by-step explanation:

Current population = 400

0.02 increase = 2% increase

2% increase per year = 2/100 * 400 = 8

For 5 years, 8 * 5 = 40 additional students

Population in 5years will be current population + expected population = 400 + 40 = 440