SOLUTION: Jane called her local chamber of commerce and finds that the population growth rate of her town is 5%. In addition according to the 1990 census the population is 500. Find the grow

Question 760519: Jane called her local chamber of commerce and finds that the population growth rate of her town is 5%. In addition according to the 1990 census the population is 500. Find the growth equation and draw a graph showing the population between the years 1990-2010
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Jane called her local chamber of commerce and finds that the population growth rate of her town is 5%. In addition according to the 1990 census the population is 500. Find the growth equation and draw a graph showing the population between the years 1990-2010
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Equation:
P(t) = 500*1.05^t
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For 2010:
P(10) = 500*1.05^10 = 814.45
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To graph the equation use the points (0,500)and (10,814)

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Cheers,
Stan H.
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