Question

The expression 20,000(1.05)' represents the population of a town t years after 2005

Select the value from each drop-down menu that best completes the sentence.

The population of the town

by

• each year

Answer 1

Explanation:

The given expression represents exponential growth. The expression is written as

20,000(1.05)^t

Where

20000 represents the initial population of the town in 2005.

1.05 represents the rate at which the population is increasing each year after 2005. The actual growth rate is

0.05 × 100 = 5%

t represents the number of years after 2005

Therefore, the complete sentence would be

The population of the town is increasing by 5% each year.