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Question 128704This question is from textbook Fundamentals of Algebric Modeling
: Just wanted to see if I had this one right
10. The population of Windham is growing at an annual rate of 0.5%. If the current population 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 represents time in years. Use this function to predict the population of Windham in 10 years.
My answer is
P(t) = 12,520(1.005)T
P (10 * 0.5%) = 12,520(1.005)t
P(5) = 12,582.6(5)
P(5) = 62,913
This question is from textbook Fundamentals of Algebric Modeling
Answer by checkley71(8403)   (Show Source):
You can put this solution on YOUR website! WHY DID YOU CHANGE T FROM 10 TO 5 YEARS? 10 YEARS GROWTH IS WHAT YOU ARE LOOKING FOR?
P(T)=12,500(1.005)^10
P(T)=12,500(1.05114)
P(T)=13,139 IS THE PROJECTED POPULATION IN 10 YEARS.
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