Answer:
There were 550 students in the school in the year 1995
Explanation:
In this question, given the exponential equation, we are asked to calculate the number of students in a particular year.
The exponential equation expected to be used is given as;
P(t) = 550(1.12)^t
Now we are told that t is the number of years since 1995 and we are told to calculate the number of students in that same year 1995. Thus, the value of t would be 1995-1995 = 0
We substitute this value of t into the equation;
P(0) = 550(1.12)^0
Since anything raised to the power of zero is 1, then ;
P(0) = 550 * 1 = 550