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The population of master town was 23000 in 2012. Assume that master town's population increases at a rate of 2% per year Write an equation to model the population of master…

The population of master town was 23000 in 2012. Assume that master town's population increases at a rate of 2% per year Write an equation to model the population of master…
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The population of master town was 23000 in 2012. Assume that master town's population increases at a rate of 2% per year Write an equation to model the population of master town based on the number of years since 2012.

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User Eversor
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1 Answer

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This is an example of exponential growth...

F=Ir^t

P(y)=23000(1.02)^(y-2012)


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User Andrew Neilson
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