Question

Task 1

According to the most recent United States census data, Spalding County's
estimated population in 2020 is 65,403 people with a growth rate of 1.29%.
Assuming that the growth rate will remain the same each year, use a function to determine. The estimated population of Spaulding county in 2025 show the steps you used
Write the function used to determine the estimated population of Spaulding county in 2025

Answer 1

Explanation:

the function :

P(n) = Po × (1 + 0,0129)^n

the population in 2025 =>

n = 2025-2020 = 5

therefore

P(5) = 65,403 ( 1 + 0,0129)^5

= 65,403 (1,0129)^5

= 65,403 ( 1.0662)

= 69,733 people (estimated)