Final answer:
To calculate the population in C-Town after 3 years, we can use the formula for compound interest: A = P(1 + r)^n. Given the initial population of 1234 people and a growth rate of 4.5% annually, the population after 3 years would be approximately 1409 people.
Step-by-step explanation:
To calculate the population in C-Town after 3 years, we can use the formula for compound interest: A = P(1 + r)^n, where A is the final population, P is the initial population, r is the growth rate as a decimal, and n is the number of years.
Given that C-Town has 1234 people and is growing at a 4.5% annual rate, we can substitute these values into the formula:
A = 1234(1 + 0.045)^3
Simplifying the calculation:
A = 1234(1.045)^3 = 1234(1.141472025) = 1409.63
Therefore, there would be approximately 1409 people in C-Town after 3 years.