SOLUTION: The population of Windham is growing at an annual rate of 0.5%. If the current population is 12,520, one function that can be used to predict the future population of Windham is P

Algebra ->  Functions -> SOLUTION: The population of Windham is growing at an annual rate of 0.5%. If the current population is 12,520, one function that can be used to predict the future population of Windham is P      Log On


   



Question 102456: The population of Windham is growing at an annual rate of 0.5%. If the current population is 12,520, one function that can be used to predict the future population of Windham is P(t) = 12,520(1.005)^t where t represent time in years. Use this function to predict the population of Windham in 10 years.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
P(t) = 12,520(1.005)t where t represent time in years. Use this function to predict the population of Windham in 10 years.
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P(10) = 12520(1.005)^10
P(10) = $13160.274
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Cheers,
Stan H.