SOLUTION: Suppose the population of a city is given by the equation P(t) = 100,000e^0.05t where t is the number of years from the present time. How large is the population now?

Algebra ->  Exponents -> SOLUTION: Suppose the population of a city is given by the equation P(t) = 100,000e^0.05t where t is the number of years from the present time. How large is the population now?      Log On


   



Question 1088598: Suppose the population of a city is given by the equation
P(t) = 100,000e^0.05t
where t is the number of years from the present time. How large is the population now?

Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
If the population is given by P(t) = 100,000e^0.05t, then to find the population now we just set t to 0, and get:
P(t)=100000x e^(0.05x0)
e^(0.05 x 0)=e^0=1
P(0)=100000 x 1=100,000
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