Final answer:
The town's population is tripling every 10 years, which is an exponential growth. By applying the exponential growth formula, we estimate the town's population 7 years from now to be around 7452 people.
Step-by-step explanation:
This question involves an application of the concept of exponential growth. When the population is tripling every 10 years, it is an exponential growth problem.
To solve this, we use the formula for exponential growth: final population = initial population * (rate of growth) ^ (time in growth periods). Since the growth period here is 10 years, we consider 7 years as 0.7 of a growth period.
Plugging in the given values, we get the population 7 years from now as: 4296 * (3) ^ (0.7) which is approximately 7452 people. Therefore, the estimated population of the town 7 years from now is about 7452 people.
Learn more about Exponential Growth