document.write( "Question 1007172: Solve the given problem related to population growth.\r
\n" ); document.write( "\n" ); document.write( "The population of a city grows exponentially according to the function
\n" ); document.write( "f(t) = 12,400(1.14)^t
\n" ); document.write( "for 0 ≤ t ≤ 5 years. Find, to the nearest hundred, the population of the city when t is the following number of years.
\n" ); document.write( "(a) 2 years
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\n" ); document.write( " people \r
\n" ); document.write( "\n" ); document.write( "(b) 4.25 years
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\n" ); document.write( " people
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Algebra.Com's Answer #623158 by fractalier(6550)\"\" \"About 
You can put this solution on YOUR website!
Given this exponential growth equation
\n" ); document.write( "\"f%28t%29+=+12400%2A1.14%5Et\"
\n" ); document.write( "we just plug in the values for t and get
\n" ); document.write( "f(2) = 12400*1.14^2 = $16115.04
\n" ); document.write( "f(4.25) = 12400*1.14^4.25 = $21640.50
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