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At the beginning of a population study, a city had 330,000 people. Each year since, the population has grown by 2.7% let t be the number of years since start of the study. Let y be the city's population.

At the beginning of a population study, a city had 330,000 people. Each year since-example-1

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The population of a city at the beginning of a study is 330,000

Let the first term, y = 330000

If there is an increase of 2.7% yearly, the population for the following year (2nd year) will be


y_1=(2.7)/(100)*330000=338910

The population the following year is 338910

Since there is an increase of 2.7% every year,

The common ratio, r, is


\begin{gathered} r=(338910)/(330000)=1.027 \\ r=1.027 \end{gathered}

Hence, the exponential relationship between y and t is


y_t=330000(1.027)^t^{}

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