A town has a population of 1000 people in the year 2005 and is growing, at an annual rate of 4% a year. Let t represent years after 2005 and let f be the function that, to each time t after 2005, assigns the population of the town at the time t. Determine a formula for f(t).

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
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A town has a population of 1000 people in the year 2005 and is growing, at an annual rate of 4% a year. Let t represent years after 2005 and let f be the function that, to each time t after 2005, assigns the population of the town at the time t. Determine a formula for f(t).

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