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OpenStudy (anonymous):
Suppose the population of a town is 8,200 and is growing 3% each year. Write an equation to model the population growth. Predict the population after 3 years.
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OpenStudy (anonymous):
\[P=8200(1.03)^t\] P is the population after t years. t=3 \[P=8200(1.03)^3=8960.3614=8960\]
OpenStudy (anonymous):
y=8,200x1.03*; about 8690 people?
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