Question

Krystal City has a population of 40,500 people. It’s population is increasing at a rate of 3.8% each year. Write a function that represents each population s a function of time.

Answer 1

`y=40,500(1.038^(x))`

Explanation:

Let

x----> the time in years

y----> the population

we know that

`100\%+3.8\%=103.8\%=103.8/100=1.038`

so

`y=40,500(1.038^(x))`