In 1960, the population of a town was 1414 thousand people. Over the course of the next 50 years, the town grew at a rate of 30 people per year. Hint: let t=0 be 1960, and t=1 be 1961, etc. A) Assuming this continues, what is the population predicted to be in 2020? B) Set up and solve the equation to find in which year the population will reach 16 thousand. Give your answer in a form like 1980 or 1994.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter6: Vector Spaces
Section6.7: Applications
Problem 14EQ
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In 1960, the population of a town was 1414 thousand people. Over the course of the next 50 years, the town grew at a rate of 30 people per year. Hint: let t=0 be 1960, and t=1 be 1961, etc.

A) Assuming this continues, what is the population predicted to be in 2020?

B) Set up and solve the equation to find in which year the population will reach 16 thousand. Give your answer in a form like 1980 or 1994.

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