The population of a particular town is given by the function P(t) = 1,200(1.05)2t, where t is the time in years and P(t) is the population after t years. What is the current population, the percentage growth rate, and the population size (rounded to the nearest whole person) in 7 years?

Hint: Percentage Growth Rate = r ⋅ 100 in A = A0(1 + r)t

Question

The population of a particular town is given by the function P(t) = 1,200(1.05)2t, where t is the time in years and P(t) is the population after t years. What is the current population, the percentage growth rate, and the population size (rounded to the nearest whole person) in 7 years?

Hint: Percentage Growth Rate = r ⋅ 100 in A = A0(1 + r)t

snuggielad · Answer

Hey, welcome to OpenStudy!
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~SnuggieLad

pooja195 · Answer

http://openstudy.com/study#/groups/Mathematics