Question

A town has a population of 13000 and grows at 4.5% every year. What will be the population after 13 years, to the nearest whole number?

Answer 1

23,039.
y=13,000(1.045)^t
t=13
You get 1.045 because you add 1+ the percentage in decimal form.

Answer 2

population after 13 years is around 23,039

Explanation:

A town has a population of 13000 and grows at 4.5% every year.

Population growth is given by
`y=a(1+r)^t`

y is the population after t years

'a' is the initial population= 13000

'r' is the rate of growth=4.5%= 0.045

t is the number of years=13

`y=a(1+r)^t`

`y=13000(1+0.045)^13`

y=23,038.54