SOLUTION: A town with a population of 5,000 grows 3% per year. Find the population at the end of 10 years.

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Question 1156717: A town with a population of 5,000 grows 3% per year. Find the population at the end of 10 years.
Answer by ikleyn(52788) About Me  (Show Source):
You can put this solution on YOUR website!
.

Assuming exponential growth (by default, from the context)


population in 10 years = 5000%2A%281%2B0.03%29%5E10 = 5000%2A1.03%5E10 = 6720 (rounded to the nearest whole number).    ANSWER

Solved.