Question 188674
In a particular small town, the population in 1995 was 1200. Ever since then
 the population has grown by 4% every year. If conditions stay the same, what is the approximate expected population in the year 2000?
:
Use the exponential growth equation:
p = 1200(1.04)^5
p = 1200 * 1.21665
p = 1460 folks in 5 yrs which is the yr 2000