Question

Which of the following equations could represent a town with an initial population of 875 people and an annual growth rate of approximately 2%?y=875 - 1.02V=875 -1.02%y = 875(2)Dy=875 (1.02)

Answer 1

D. y=875(1.02)^x

Step-by-step explanation:

Initial population = 875 people

Growth rate = 2%

The population after x years can be modeled below:

`\begin{gathered} y=875(1+2\%)^x \\ =875(1+(2)/(100))^x \\ =875(1+0.02)^x \\ y=875(1.02)^x \end{gathered}`

The correct choice is D.