<PRE><B>Question 188674</B>
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?
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Let 1995 correspond to x = 0.
Equation:
Pop(x) = 0.04x + 1200
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IN the year 2000 x will equal 5.
Pop(5) = 1200(1+0.04)^5
Pop(5) = 1200*1.2167 = $1459.99
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Cheers,
Stan H.</PRE>