SOLUTION: Solve the given problem related to population growth.
The population of a city grows exponentially according to the function
f(t) = 12,400(1.14)^t
for 0 ≤ t ≤ 5 ye
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Question 1007172: Solve the given problem related to population growth.
The population of a city grows exponentially according to the function
f(t) = 12,400(1.14)^t
for 0 ≤ t ≤ 5 years. Find, to the nearest hundred, the population of the city when t is the following number of years.
(a) 2 years
people
(b) 4.25 years
people
Answer by fractalier(6550) (Show Source): You can put this solution on YOUR website!
Given this exponential growth equation
we just plug in the values for t and get
f(2) = 12400*1.14^2 = $16115.04
f(4.25) = 12400*1.14^4.25 = $21640.50
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