Answer:
After 7 years the population will be 15268.
Step-by-step explanation:
Given a town has a population of 12000 and grows at 3.5% every year. we have to find the population after 7 years.
As the general growth formula is
[tex]A = P(1 + r)^t[/tex]
where A = Amount after growth
P = Original amount
r = yearly growth rate
t = no. of years
here, P=12000, r=0.035, t=7
[tex]A=12000(1+0.035)^7[/tex]
=[tex]12000(1.035)^7[/tex]
= [tex]15267.35\sim15268[/tex]
Hence, after 7 years the population will be 15268.
it is not 15268, (tried it myself and got it incorrect) it showed me that the actual answer is y = 15267 because u have to round it.
