In a survey, the population growth in an area can be predicted according to the equation α(T)=αO(1+d/100)T where d is the percentage growth rate of population per year and T is the time since the initial population count αo was taken. If in 2015, the population of Adyar was 30,000 and the population growth rate is 4% per year, then what will be the approximate population of Adyar in 2020?(T = 0 corresponds to the year 2015, T = 1 corresponds to the year 2016 and so on..)
In a survey, the population growth in an area can be predicted according to the equation α(T)=αO(1+d/100)T where d is the percentage growth rate of population per year and T is the time since the initial population count αo was taken. If in 2015, the population of Adyar was 30,000 and the population growth rate is 4% per year, then what will be the approximate population of Adyar in 2020?(T = 0 corresponds to the year 2015, T = 1 corresponds to the year 2016 and so on..)
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter6: Vector Spaces
Section6.7: Applications
Problem 13EQ
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In a survey, the population growth in an area can be predicted according to the equation α(T)=αO(1+d/100)T where d is the percentage growth rate of population per year and T is the time since the initial population count αo was taken. If in 2015, the population of Adyar was 30,000 and the population growth rate is 4% per year, then what will be the approximate population of Adyar in 2020?(T = 0 corresponds to the year 2015, T = 1 corresponds to the year 2016 and so on..)
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