Question

The

population of Thompsonville is currently at 38,000. The town is growing at a common ratio of 1.1 annually. This situation is modeled
by the equation y = 38000(1.1)^x. How many people are predicted to live in Thompsonville in 10 years?
Hint: Remember the formula of y = a(b)^x, where
a is the starting or initial value.
b is the common ratio.
y is the total amount left of whatever the situation is about at the end of the time interval.
x is the time factor, such as seconds, minutes, hours, days, weeks, months, years, or rounds.
O
O
approximately 66,000 people
approximately 98,000 people
approximately 45,000 people

Answer 1

Answer:98,000 people after 10 years. Answer: approximately 98,000 people.

Explanation:

Answer 2

Explanation:

To find the population of Thompsonville after 10 years, we can plug in x=10 into the given formula:

y = 38000(1.1)^10

Using a calculator, we can evaluate this expression:

y ≈ 98,031.52

Therefore, the population of Thompsonville is predicted to be approximately 98,000 people after 10 years. Answer: approximately 98,000 people.