Question

In 2020, a town was recorded as having a population of 10,000 and is predicted to grow at 5% every year. What will be the population in 2035, to the nearest whole number? *

Answer 1

20789

Explanation:

The equation of exponential growth is y=A(1+r)^t

A=10,000

r (rate)=0.05 (5% as a decimal)

t (time)=15 (2035-2020=15)

y=10,000(1+0.05)^15

y=20789.2817

you can't have part of a person, so y=20789