Question

The population of a city increase exponentially at a rate of x% every 5 years

In 1960 the population was 60100
In 2015 the population was 120150
Calculate the value of x

Answer 1

1.1460277. Put in your decimal place given to you.

This is the percentage rate.

Explanation:

f(x)=0=60100

55=120150

60100=a*b^0

120150/60100=60100/60100*b^5

b^5^(1/5)=5square root(120150/60100)=1.14860277