Answer: 2048
Step-by-step explanation: 1. Write the exponential growth model.
The population of the town doubles every year, so the growth factor is 2. The initial population is 112, so the equation is: P(t) = 112(2)^t where P(t) is the population in year t and t is the number of years since 2014.
2. Estimate the population of the town in 2023. To estimate the population of the town in 2023, we can set t=9, since 2023 is 9 years after 2014. Plugging this into the equation, we get: P(9) = 112(2)^9 = 2048
Therefore, the estimated population of the town in 2023 is 2048.