the population of a town is modeled by the equation p=16,581e^0.02 where p represents the population t years after 2000. according to the model, what will the population of the town in 2020?

Question

SmokeyBrown · Answer

Hi, and welcome to QuestionCove!

The equation posted here does not seem to have a variable "t"; are you sure that is the correct equation?

Since the question is using the equation to predict the population in 2020, which is 20 years after 2000, I would advise substituting "t" for 20 in the equation, and then calculating the result... but it is not clear where "t" is supposed to be.

My guess is that the equation should read  
p=16,581e^(0.02t)
In which case the calculated population should be
p=16,581e^(0.02*20)
or 
p=16,581e^0.40
If I assume correctly, then the result of that calculation would be 24,735

Of course, I'll have to ask you to confirm or deny my assumption before suggesting that you move forward with that answer :)