Question

Question 12.12. In 2010, the population of a city was 65,903. It was expected to grow at a rate of 0.7% each year.

What is best prediction for the city’s population in 2027?
(Points : 5)
66,364
74,200
82,119
112,035

Answer 1

`y=Ce^(kx)`

k=0.7%=0.007

`65903=Ce^(.007(0)) \\ 65903=Ce^0 \\ 65903=C(1) \\ C = 65903`

`y=65903e^(0.007(2027-2010))\\y=65903e^0.229 \\ y = 74231.157`

The best answer is 74,200