Question

The population of a town in 2014 was 78,918 people with an annual rate of increase of about 1.7%. Which type of function can represent this situation?

A) Linear
B) Exponential

Answer 1

Answer: The answer is B

Explanation:

Answer 2

B. Exponential.

Explanation:

Each year you can find the estimated population for the following year by multiplying by 1 + 1.7% = 1.017.

The population estimate in x years time = 78,918 (1.017)^x.