Question

The town of Madison has a population of 25000. The population is increasing by a factor of 1.12 each year.

Answer 1

Answer:

ANSWER : 25028

Step-by-step explanation:

LET'S CONVERT THE FACTOR TO PERCENTSGE , SO IT WILL BE 1.12% 0F 25000...

THEN, IT WILL BE

112/100*25000

()

Answer 2

Complete Question:

The town of Madison has population of 25000. The population is increasing by factor of 1.12 each year. Write a function that gives P(t) in Madison t years from now

Answer:

A function that gives P(t) in Madison t years from now is:

$P(t) = 25000(1.12)^t$

Solution:

The growth function is given by formula:

$y=a(1+r)^t$

Where,

y is the future value

a is the initial value

r is the growth rate

t is the number of years

From given,

a = 25000

The population is increasing by a factor of 1.12 each year

1 + r = 1.12

Write a function that gives P(t) in Madison t years from now

$P(t) = 25000(1.12)^t$

Thus the function is found