Answer :
The equation represents the town’s population after 6 years is [tex]P = 141,300*(1+0.05)^6[/tex]
What is the equation and the population?
An equations represent relationships between variables and are fundamental in solving mathematical problems and modeling real-world situations.
We are using these data to solce:
- r = rate = 5/100 = 0.05
- a = starting amount = 141,300
- t = time = 6 years
The % growth formula is:
= [tex]a(1+r)^t[/tex]
Plugging value:
= [tex]141,300*(1.05)^6[/tex]
= 189355.51402
= 189356 people.
But the equation represents the town’s population after 6 years is [tex]P = 141,300*(1+0.05)^6[/tex].
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