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
icon
Related questions
Question

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..)

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

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, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
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:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax