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A town has a population of 72,700 and grows at a rate of 3.5% every year. Which equation represents the town’s population after 4 years?

Sagot :

Answer:

for 4 years: [tex]72,700 + 1.035^4(72,700)[/tex]

For n years: [tex]72,700 + 1.035^n(72,700)[/tex]

Step-by-step explanation:

Since each year the growth rate is 3.5 of the last year, n will represent the number of years.

[tex]72,700 + 1.035^n(72,700)[/tex]

Therefore since n is 4, the equation will be:

[tex]72,700 + 1.035^4(72,700) =72,700 + 1.15(72,700)[/tex]

Therefore this equation represents the town after four years.

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