The population of a town increase from 15,000 to 40,000 over a 10-year period. The town council expects the population to continue to grow and would like a mathematical formula that can be used to predict future population size. c. Give the yearly growth factor for this town's population, and explain its meaning in context. d. What does your model predict the town's population to be in the 14th year? (round to the nearest whole number)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
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The population of a town increase from 15,000 to 40,000 over a 10-year period. The town council expects the population to continue to grow and would like a mathematical formula that can be used to predict future population size.

c. Give the yearly growth factor for this town's population, and explain its meaning in context.

d. What does your model predict the town's population to be in the 14th year? (round to the nearest whole number)

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