The population of a certain city was 122000 in 1998, and the observed relative growth rate is 3 % per year. (a) Find a function that models the population after years, compounded continuously. (b) Find the projected population in the year 2004. (c) In what year will the population reach 191334?
for b i got 145674.38 c i got 15.224 but they are wrong so i dont know
Part a) Multiply the decimal expression of the growth percentage by the current population. This number will be your coefficient for x the formula will be that resultant number multiplied by x plus the current population. The equation will be \[P(x)=ax+c\]where a is the current population times the growth rate. x represents time in years and c represents the initial population. and P(x) is the population x years later. Part b) Evaluate this equation at the value of x that is the desired population year minus the initial population year. Where x is:\[2004-1998\] Part c) Evaluate the equation to find when the population will be 191334 (P(x)=191334). To do this rearrange the population equation to find x. the rearranged equation should look like this.\[x=(P(x)-c)\div a\] Plug in the appropriate values for P(x), a, and c and evaluate. I am not going to just give you the answers. I hope this helps you find the answers on your own and also helps you know how to.
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