Respuesta :
Answer:
p=c(1+r)^t so the population will be 4679.43424 or rounded to 4679
Step-by-step explanation:
p=c(1+r)^t
p=4,000(1+.04)^t
p=4,000(1.04)^t
p=4,000(1.04)^4
p=4679.43424
p= the population you are solving for
c= the initial amount of the population
(1+r)= the rate of change
t= the period of time
The exponential equation that represents the population of the town in terms of the number of years : [tex]p=4000 (1+0.4)^{t}[/tex]
What is an exponential equation?
An exponential equation is an equation with exponents where the exponent (or) a part of the exponent is a variable.
It is similar to the amount received after investing a certain amount compounded annually.
Given,
Initial population = 4000
Rate of increase = 4%
Let current population be p.
Let number of years passed be t.
The exponential equation will be: [tex]p=4000 (1+0.4)^{t}[/tex]
(The population of the town has grown exponentially. This means that:
Initial population = 4000
Population in year I = 4000 + 4% of 4000 = 4000(1 + 0.4)
Population in year II = 4000 + 4% of 4000(1 + 0.4) = 4000(1 + 0.4)(1+0.4)
and this goes on.)
Learn more about exponential equation here
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