document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=439888>Question 439888</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1.	Suppose the population of Middletown is 56,000 and its population is increasing by 1/15 each year: A) How many people will reside in Middletown at the end of 5 years? B) How many years will it take for the population to reach 75,000 people?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #303986 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=303986\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1. Suppose the population of Middletown is 56,000 and its population is increasing by 1/15 each year: A) How many people will reside in Middletown at the end of 5 years? <BR>\n" );
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document.write( "A(5) = 56000(1+(1/15))^5<BR>\n" );
document.write( "A(5) = 77327<BR>\n" );
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document.write( "B) How many years will it take for the population to reach 75,000 people? <BR>\n" );
document.write( "75000 = 56000(1+(1/15))^t<BR>\n" );
document.write( "1.3393 = (1+(1/15))^t<BR>\n" );
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document.write( "Take the log and solve for \"t\":<BR>\n" );
document.write( "t = 4.527 years<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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