SOLUTION: A town has a population mean of 40,000 that is increasing at the rate of 5% each year. Find the population of the town after 6 years.

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Question 1154505: A town has a population mean of 40,000 that is increasing at the rate of 5% each year. Find the population of the town after 6 years.
Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!

P(6) = 40000+(1+0.05)^6
=40,001