SOLUTION: The population of a certain city was 680,000 in the year 2000 and is growing at the relative growth rate of 12% per year. a. Find a function that models the population of this c

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Question 47850This question is from textbook College Algebra
: The population of a certain city was 680,000 in the year 2000 and is growing at the relative growth rate of 12% per year.
a. Find a function that models the population of this city t years after 2000
I got n(t) = 680,000e^0.12t
b. Estimate the population in 2008
n(8) = 680,000e^(0.12)(8)
= 680,000 e^(.96)
= 680,000 (2.61)
= 1,774,800
Is this even close?
Thanks a million!
This question is from textbook College Algebra

Answer by Nate(3500) About Me  (Show Source):
You can put this solution on YOUR website!
You are right!
n%288%29+=+680000e%5E%280.96%29
About 1,775,954