The population of a town is increasing at a rate of 6.2% per year. The city council believes they will have to add another elementary school when the population reaches 100 000. If there are currently 76 000 people living in the town, how long (to 1 decimal) do they have before the new school will be needed?
<br/><br/>The population of a town is increasing at a rate of 6.2%
per year. The city council believes they will have to add another elementary school when the population reaches 100 000. If there are currently 76 000 people living in the town, how long (to 1 decimal) do they have before the new school will be needed?