Question

Members of an online gaming group have been increasing by 25% every year. The group started with 75 members. How many members will the group have after 4 years?

Answer 1

183 member will the group have after 4 years, if the members of an online gaming group have been increasing by 25% every year. The group started with 75 members.

Explanation:

The given is,

Members of an online gaming group is 75

Increasing by 25% every year

Step:1

Formula to calculate the members in gaming group after few years with an rate of increase,

`F = P(1+r)^(t)`.......................(1)

Where, F - Members in gaming group after 4 years

P - Members in gaming group in initially

r - Rate of increase in year

t - No. of years

Step:2

From the given,

P = 75 members

r = 25 %

t = 4 years

Equation (1) becomes,

`F = 75(1+0.25)^(4)`

`= 75(1.25)^(4)`

= ( 75 ) ( 2.441406 )

= 183.105

F ≅ 183 members

Result:

183 member will the group have after 4 years, if the members of an online gaming group have been increasing by 25% every year. The group started with 75 members