The population of a town is increasing by 2% per year. The current population of the town is 11 568.  a) Write an exponential function to model the population remaining, P, after t years. Graph the function. Explain. b) States the transformations in your exponential function.  c) Use your equation to determine the population remaining after 5 years.

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
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The population of a town is increasing by 2% per year. The current population of the town is 11 568. 

a) Write an exponential function to model the population remaining, P, after t years. Graph the function. Explain.

b) States the transformations in your exponential function. 

c) Use your equation to determine the population remaining after 5 years. 

d) Use the graph to approximate the population in the town after 20 years. 

e) According to your equation, will the population ever reach zero? Is this reasonable? Explain. 

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