Question

I need help with this exam review problem..
Suppose the population of a town is 2,700 and is growing 4% each year.
a) write an equation to model the population growth.
b) predict the population after 12 years

Answer 1

Population = (Population_initial)(1+rate)^(years)

Answer 2

Years should be in the exponent.

Answer 3

yeah typo on my part

Answer 4

so just plug in and solve:
p = (2700)(1.04)^(12)

Answer 5

Thank you soo much guys

Answer 6

no problem!