Question

Please help minimum steps please want a simple step by step answer

Answer 1

Take into account that a general exponential growth function can be written as follow:

`P(t)=a(1+r)^t`

where,

a: initial pooulation = 745

r: annual rate of increase in decimal form = 0.16

t: time

The population after 4 years is obtained by replacing the previous values of the parameters and t = 4. Then, you have:

`P(4)=745(1+0.16)^4=755(1.16)^4\approx1349`

Hence, the population after 4 years is approximately 1349