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A recycling center currently has the capacity to process 70,600 tons of recyclables per year, and its capacity is growing by 7% per year. What quantity of recyclables will the center be able to process 18 years from now?If necessary, round your answer to the nearest tenth.

Respuesta :

We have to use the simple interest formula

[tex]A=P(1+rt)[/tex]

Where P = 70,600 tons, r = 0.07 (7%), and t = 18 years. Let's replace these values

[tex]\begin{gathered} A=70,600\cdot(1+0.07\cdot18)=70,600(1+1.26) \\ A=70,600(2.26)=159,556 \end{gathered}[/tex]

Hence, after 18 years, there will be able to process 159,556 tons of recyclables.

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