SOLUTION: I have a question that is the population is given by P=10,000(1.04)^t where t is number of years after 1988. I have to find the population in 1988 and 1989. In 1988 I have P=10

Question 50517: I have a question that is the population is given by P=10,000(1.04)^t where t is number of years after 1988. I have to find the population in 1988 and 1989.
In 1988 I have P=10,000 (1.04)^0 which is 10,000 people
in 1989 I have P=10,000(1.04)^1 which came to 10,400 people.
Am I on hte right track with this sort of problem???
Thanks for the help!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Yes. Right on track.
Cheers,
Stan H.
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