Answer:
After 10 years , the number of residents in the community = 100,007.45
Explanation:
Let P be the population of a farming community.
As we know that,
Exponential Growth model is :
P(t) = P₀
........(1)
where P₀ is the initial state , k is the growth constant.
As given,
A farming community begins with one resident.
⇒At t = 0 , P(t) = 1
∴ Put t = 0 in equation (1), we get
1 = P₀

⇒1 = P₀
∴ equation (1) becomes
P(t) =
......(2)
As given, every year, the number of residents multiplies by 10
⇒At t = 1 , P(t) = 10
∴ Put t = 1 in equation (2), we get
10 =

Taking ln both side we get
ln(10) = ln(
)
⇒2.3026 = k
∴ equation (2) becomes
P(t) =

Now, we have to find the population at t = 5
⇒P(5) =

So, we get
After 10 years , the number of residents in the community = 100,007.45