Question

The population of retired citizens in Minneapolis is 86700. If the population increases at a rate of 8.9% each year. What will the population of retirees be in 7 years? Write an exponential growth model for the future population P(x) where r is in years: P(x) = What will the population be in 7 years? (Round to nearest person)​

Answer 1

157,476 people

Explanation:

the formula :

P(x) = 86700. (1+ 0.089)^r

for r = 7

=> P(x) = 86700 × (1+ 0.089)^7

= 86700 × (1.089)^7

= 86700 × 1.8163

= 157,476 people