Suppose the population of a city is 50,000 and is growing 3% each year. Use what you know about exponential growth and the growth formula y=a(1+r}* to predict the population of the city in 10 years. A. 23,349 B. 67,492 O C. 67,195 D. 101,640

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 12CC: Suppose that the initial size of a population is n0 and the population grows exponentially. Let n(t)...
icon
Related questions
Topic Video
Question

Please refer to the attached image for my question. Please show ALL your work. Thank you!

Suppose the population of a city is 50,000 and is growing 3% each year. Use what you know about exponential growth and the
growth formula y=a(1+r}* to predict the population of the city in 10 years.
O A. 23,349
B. 67,492
C.67,195
D. 101,640
Transcribed Image Text:Suppose the population of a city is 50,000 and is growing 3% each year. Use what you know about exponential growth and the growth formula y=a(1+r}* to predict the population of the city in 10 years. O A. 23,349 B. 67,492 C.67,195 D. 101,640
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Research Design Formulation
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
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
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
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