Final answer:
The best equation to represent the population after a certain number of years with a 6% annual growth rate is y = 158, 260(1.06)a.
Step-by-step explanation:
The equation that best represents the population of a certain town after a years, considering an exponential increase at the rate of 6% every year, is:
y = 158, 260(1.06)
a
This equation uses the exponential growth model, where P represents the future population, Po is the initial population, r is the growth rate in decimal form (e.g., 0.06 for 6%), and t is the time in years.
An exponential growth model is represented by the equation P = Poer(t-to), as per the reference text. Since the town's population is growing at a steady rate without limitations that would create a logistic growth model, we can ignore the effects of population limiting factors.
Option C
is correct because it incorporates the exponential growth factor
(1 + r)
raised to the power of the number of years, denoted by
a.