# There are 800 students in a certain highschool in 2001. the trend during the previous years shows a yearly increase of 20% in enrollment. What will the enrollment be in 16 years?

##### 1 Answer

Mar 22, 2018

#### Answer:

#### Explanation:

Increase in number of students enrolled is compounded by 20% every year.

Hence it follows compound interest formula of

Total number of students after 16 years will be given by