SOLUTION: The population of a town was 5000 in 1990 and its rate of growth is 0.5% per year. Use the model P=Poe ^rt to predict the population in 2006.

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Question 538211: The population of a town was 5000 in 1990 and its rate of growth is 0.5% per year. Use the model P=Poe ^rt to predict the population in 2006.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+P+=+P%5B0%5D%2Ae%5E%28r%2At%29+
given:
+P%5B0%5D+=+5000+
+r+=+.005+
The year 2000 would be +t+=+10+
The year 2006 would be +t+=+16+
+P+=+5000%2Ae%5E%28.005%2A16%29+
+P+=+5000%2Ae%5E.08+
You can use calculator to find this.
I can't locate mine