I really need help figuring out this problem:
This equation(P=2500(1.02)^y) represents the population of Carrisville in y years from now.
Substitute 5 years for y and find the population for 5 years from now. Round your answer to the nearest whole number.

Question

I really need help figuring out this problem:
This equation(P=2500(1.02)^y) represents the population of Carrisville in y years from now. 
Substitute 5 years for y and find the population for 5 years from now. Round your answer to the nearest whole number.

anonymous · Answer

There is no problem left.  The answer is given to you in the problem statement.  Just substitute.  If that is still unclear, then (1.02)^y means (1.02) multiplied by itself "y" times.

anonymous · Answer

i thought the equation would be p=2,500(1.02)^5

anonymous · Answer

Yes, you are correct.  That is the equation.  I was merely explaining part of the equation, the exponential part.

anonymous · Answer

Most likely, you are probably allowed to use a calculator and the exponential button.  I can't explain how to use your specific calculator but you usually type in 1.02, then the x^y button, then "5" and then "=".  Then multiply by 2500.