Question

Suppose a city with population 500,000 has been growing at a rate of 4.3% per year. If this rate​ continues, find the population of this city in 10 years

In the Show Your Work box, must have the following:
- 1 pt- Formula used
- 1 pt- Variables and what they stand for
- 3 pts- Full solving process

Answer 1

t = time in years

p(t) = population at time t

`p(t) = 500000( {1.043}^(t) )`

`p(10) = 500000( {1.043}^(10)) = 761751`