Question

at the beginning of 1995 the town of canyon ridge had 1,700 residents the rate of the population growth after that was 6% per year estimate the population at the beginning of 2005? anyone?

Answer 1

Use

\[p(t)=p _{0}(1+r)^{t}\]

Answer 2

p_0 is the initial pop.

r is the rate (as a decimal)

t is the number of years since 1995