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Question linked in pic

Question linked in pic-example-1
User Comonadd
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1 Answer

18 votes
18 votes

iven:

heere are given that the population in the year 2000 was 12000 and the growth rate is 7% per year.

xplanation:

ccording to the question:

For t =0 which is the year 2000:


P(0)=12000

For t = 1:


P(1)=12000+7\%(12000)

If we say r is the rate, then:


\begin{gathered} P(1)=12000+r(12000) \\ P(1)=12000(1+r) \end{gathered}

Then,

For t = 2:


\begin{gathered} P(2)=12000(1+r)(1+r) \\ P(2)=12000(1+r)^2 \end{gathered}

And,

For t = 3:


P(3)=12000(1+r)^3

Therefore our function should be:

(a):

he population function:


P(t)=12000(1.07)^t

Now,

(b):

ccording to the question:

2008 is 8 year from year 2000:

Therefore, t = 8:

Then,

Put the value 8 for t into the function (a):


\begin{gathered} P(8)=12000(1.07)^t \\ P(8)=12000(1.07)^8 \\ P(8)=12000(1.718) \\ P(8)=20616 \end{gathered}

inal answer:


P(t)=12000*(1.07)^(t-2000)

User Mrsus
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