10. A town starts with 10,000 residents and grows at a continuous rate of 4% per year. A. What is the annual growth rate? B. What is the annual growth factor?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
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Chapter5: Exponential And Logarithmic Functions
Section5.2: Applications Of Exponential Functions
Problem 44E: Use a graphing calculator to solve each problem. In Example 4, suppose that a birth control program...
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10. A town starts with 10,000 residents and grows at a continuous rate of 4% per year.
A. What is the annual growth rate?
B. What is the annual growth factor?
C. Write the equation of the exponential function for the population of the town P(t) after
t years.
D. Interpret the y-intercept in the context of this problem.
E. What is the population of the town after 5 years have passed?
Transcribed Image Text:I Download A Alte tice Problems.pdf Page < 10 of 17 10. A town starts with 10,000 residents and grows at a continuous rate of 4% per year. A. What is the annual growth rate? B. What is the annual growth factor? C. Write the equation of the exponential function for the population of the town P(t) after t years. D. Interpret the y-intercept in the context of this problem. E. What is the population of the town after 5 years have passed?
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