Answer:
Option 4th is correct
about 8,960 people
Explanation:
Using the formula:
.....[1]
where
is the initial population.
r is the growth rate in decimal
y is the population after t years.
As per the statement:
Suppose the population of a town is 8,200 and is growing 3% each year.
⇒
and r = 3% = 0.03
Substitute the given values in [1] , we have;

⇒
.....[2]
Now, we have to find the population after 3 years.
Put t = 3 years in [2] we have;

⇒

⇒

Therefore, an equation to model the population growth is,
; and
The population after 3 years about 8,960 people