The population of a town is growing exponentially and can be modeled by the equation f (t) = 42 · e0.015€). The population is measured in thousands, and time is measured in years since 1950. 1. What was the population of the town in 1950? 2. What is the approximate percent increase in the population each year? 3. According to this model, approximately what was the population in 1960?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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The population of a town is growing exponentially and can be modeled by the equation
f (t) = 42 · e0.015€). The population is measured in thousands, and time is measured in years since
1950.
1. What was the population of the town in 1950?
2. What is the approximate percent increase in the population each year?
3. According to this model, approximately what was the population in 1960?
Transcribed Image Text:The population of a town is growing exponentially and can be modeled by the equation f (t) = 42 · e0.015€). The population is measured in thousands, and time is measured in years since 1950. 1. What was the population of the town in 1950? 2. What is the approximate percent increase in the population each year? 3. According to this model, approximately what was the population in 1960?
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