Answer:
392 students
Step-by-step explanation:
we know that
The equation of a exponential growth function is given by
[tex]y=a(1+r)^x[/tex]
where
y is the number of students at the school
x is the number of years
r is the rate of change
a is the initial value
we have
[tex]a=322\ students\\r=4\%=4/100=0.04[/tex]
substitute
[tex]y=322(1+0.04)^x[/tex]
[tex]y=322(1.04)^x[/tex]
For x=5 years
substitute
[tex]y=322(1.04)^5=392\ students[/tex]