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](https://img.qammunity.org/2023/formulas/mathematics/college/cr7u361u6c41xr1p6dd8yrry8a04kvnfim.png)
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}](https://img.qammunity.org/2023/formulas/mathematics/college/yfyi3gge5st2g3tmwwdav42ckq0e7vaptn.png)
Hence, the exponential relationship between y and t is
![y_t=330000(1.027)^t^{}](https://img.qammunity.org/2023/formulas/mathematics/college/nys5yqd79ey8wzhkfyllxvoclistb4bhb5.png)