Question

The population of a town is increasing by 2% each year. The current population is 12,000. How many people will there be in 4 years?

Answer 1

12989 people

Explanation:

f(x)=a(1+r)^x

a= the amount you start with

r=is the rate that it is growing

x= time intervals

12000(1+0.02)^4=12989