Exponential Growth or Decay Equation: y = a(1+r)* The population of a town is 5800 and is increasing at a rate of 6% per year. At this rate, approximately what will the town's population be in 10 years? Exponential Equation: y = Answer: people (Round to the nearest person)

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.5: Exponential And Logarithmic Equations
Problem 90E
icon
Related questions
Question

What is the exponential equation and answer

Exponential Growth or Decay Equation: y = a (1±r)*
The population of a town is 5800 and is increasing at a rate of 6% per year.
At this rate, approximately what will the town's population be in 10 years?
Exponential Equation: y =
Answer:
people
(Round to the nearest person)
国
%23
%24
4.
Transcribed Image Text:Exponential Growth or Decay Equation: y = a (1±r)* The population of a town is 5800 and is increasing at a rate of 6% per year. At this rate, approximately what will the town's population be in 10 years? Exponential Equation: y = Answer: people (Round to the nearest person) 国 %23 %24 4.
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Knowledge Booster
Transcendental Expression
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning