Question

In 2012, the population of a district was 31,400. With a continuous annual growth rate of approximately 4%, what will the population be in 2032 according to the exponential growth function? Round the answer to the nearest whole number when answering the number of people.

Name: in 2012 the population of a district was 31400 with a continuous annual growth rate of approximately 4 what will the population be in 2032 according to the exponential growth function round 53971
Uploaded: 2022-08-03T17:54:14-08:00
Duration: 1 min 20 s
Channel: Donna Densmore
Description: in 2012 the population of a district was 31400 with a continuous annual growth rate of approximately 4 what will the population be in 2032 according to the exponential growth function round 53971

          In 2012, the population of a district was 31,400. With a
continuous annual growth rate of approximately 4%, what will
the population be in 2032 according to the exponential growth
function?
Round the answer to the nearest whole number when answering the
number of people.

Added by Jason M.

Elementary and Intermediate Algebra

Alan S. Tussy, R. David Gustafson 5th Edition

Instant Answer

Solved by Expert Donna Densmore

08/03/2022

Step 1

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, and t is the time in years. In this case, P0 = 31,400, r = 4% or 0.04, and t = 20. Show more…

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In 2012, the population of a district was 31,400. With a continuous annual growth rate of approximately 4%, what will the population be in 2032 according to the exponential growth function? Round the answer to the nearest whole number when answering the number of people.