Question

A city's population starts at 100,000 people and grows at 3% per year for 7 years. In the general exponential equation Q=Q 0

​
×(1+r) t
, what is r ? Select the correct answer below. A. 7 B. 3 C. 0.03 D. 100,000

Answer 1

The new population would be 1225,987 rounded to the nearest person.

r = .03 (c)

Explanation:

The rate is 3%. 3% as a decimal is .03 Letter C.

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