Question

5. The population, P, of a city has grown according to the mathematical model P = 50 000(1.15), where t

is the number of years since 2005.
Using a graphing tool or by hand answer the questions below.
a) What was the population of the town in 2005?
I
b) In what year will the population exceed 100 000?

Answer 1

Answer: Therefore, the population will exceed 100,000 in the year 2005 + 10.73 ≈ 2016.

Step-by-step explanation: a) The population of the town in 2005 is given by the formula, where t = 0 since 2005 is the starting year:

P = 50,000(1.15)^0 = 50,000

Therefore, the population of the town in 2005 was 50,000.

b) We need to find the value of t when the population P exceeds 100,000:

100,000 = 50,000(1.15)^t

Divide both sides by 50,000:

2 = 1.15^t

Take the natural logarithm of both sides:

ln 2 = ln (1.15^t)

Apply the power rule of logarithms:

ln 2 = t ln 1.15

Divide both sides by ln 1.15:

t = ln 2 / ln 1.15

Using a calculator, we get:

t ≈ 10.73