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The population of Mastertown was 23,000 in 2012. Assume that Mastertown’s population increases at a rate of 2% per year. Write an equation to model the population of Mastertown (y) based on number of years since 2012 (x).

The population of Mastertown was 23,000 in 2012. Assume that Mastertown’s population-example-1

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y= 23,000 (1+0.02)^x

X = 1

Year: 2013
User Priki
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