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The population of a city in 2000 was 18,500 people. Since then the population has increased 4.8% every year. Determine the correct equation that would represent what the population would be in the year 2028.

User Shafraz
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Answer:

see below

Explanation:

Consider the year 2000 to be year 0. This would make year 2028 year 8.

Population growth or decay function:
A = Pe^(rt)

where A is the final amount, P is the principal amount, r is the rate, and t is time.


A = 18,500e^((0.048)(8))

This can be simplified to


A = 18,500e^(0.384)

Hopefully this is what the question is asking!

User Cesar Flores
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