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In 2000, there were 285 cell phone subscribers in the small town of Centerville. The number of subscribers increased by 65% per year after 2000. How many cell phone subscribers were in Centerville in 2020?

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Lanuel

To determine the total number of cell phone subscribers that were in Centerville in 2020 is 5,928,227 people.

Given the following data:

  • Number of subscribers = 285
  • Percentage increase = 65%
  • Starting year = 2000
  • Ending year = 2020

Increment rate = 165% = 1.65

To determine the total number of cell phone subscribers that were in Centerville in 2020:

First of all, we would calculate the difference in years:

[tex]Year = 2020 - 2000[/tex]

Year = 20 years

Mathematically, the growth rate of cell phone subscribers that were in Centerville in 2020 is given by the formula:

[tex]A_n = Pr^t[/tex]

Substituting the given parameters into the formula, we have;

[tex]A_{20}=285(1.65)^{20}\\\\A_{20}=285 \times 22370.67\\\\A_{20}=5,928,227.55[/tex]

Subscribers = 5,928,227 people.

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