In 2008, the population of a district was 39,700. With a continuous annual growth rate of approximately 3%, what will the population be in 2033 according to the exponential growth function? Round the answer to the nearest whole number.
Added by William B.
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That's 2033 - 2008 = 25 years. The formula for exponential growth is P = P0 * e^(rt), where: - P is the future population - P0 is the initial population - r is the growth rate - t is the time in years - e is the base of the natural logarithm, approximately equal Show more…
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