The population of a town grows at a rate proportional to the population present at time t. The initial population of 500 increases by 5% in 10 years. What will be the population in 40 years? (Round your answer to the nearest person.) persons How fast (in persons/yr) is the population growing at t = 40? (Round your answer to two decimal places.) persons/yr

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter6: Vector Spaces
Section6.7: Applications
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The population of a town grows at a rate proportional to the population present at time t. The initial population of 500 increases by 5% in 10 years. What will be the population in 40 years? (Round your answer to the nearest person.)
persons
How fast (in persons/yr) is the population growing at t = 40? (Round your answer to two decimal places.)
persons/yr
Transcribed Image Text:The population of a town grows at a rate proportional to the population present at time t. The initial population of 500 increases by 5% in 10 years. What will be the population in 40 years? (Round your answer to the nearest person.) persons How fast (in persons/yr) is the population growing at t = 40? (Round your answer to two decimal places.) persons/yr
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