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Sagot :
At the growth rate of [tex]6.7\%[/tex], the population of the town after 4 years can be represented by the equation, [tex]A=1.23\times 10\times(1.067)^4[/tex].
What is the formula for the population?
- The growth rate of a population is a measure of how fast a population increases.
- If the initial population is [tex]P[/tex] and the growth rate is [tex]r\%[/tex] every year, then the population after [tex]t[/tex] years will be given by the following formula: [tex]A=P(1+\frac{r}{100})^t[/tex].
Here, the initial population is [tex]P=1.23\times 10[/tex] and the growth rate is [tex]r=6.7\%[/tex].
So the population after [tex]t=4[/tex] years will be:
[tex]A=P(1+\frac{r}{100})^t\\\Longrightarrow A=1.23\times 10\times(1+\frac{6.7}{100})^4\\\Longrightarrow A=1.23\times 10\times(1.067)^4[/tex]
Therefore, at the growth rate of [tex]6.7\%[/tex], the population of the town after 4 years can be represented by the equation, [tex]A=1.23\times 10\times(1.067)^4[/tex].
To know more about the growth rate, refer: https://brainly.com/question/25849702
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