Question

A town has a population of 1.23 x 10 and grows at a rate of 6.7% every year. Which

Answer 1

At the growth rate of $6.7\%$, the population of the town after 4 years can be represented by the equation, $A=1.23\times 10\times(1.067)^4$.

What is the formula for the population?

• The growth rate of a population is a measure of how fast a population increases.

• If the initial population is $P$ and the growth rate is $r\%$ every year, then the population after $t$ years will be given by the following formula: $A=P(1+\frac{r}{100})^t$.

Here, the initial population is $P=1.23\times 10$ and the growth rate is $r=6.7\%$.

So the population after $t=4$ years will be:

$A=P(1+\frac{r}{100})^t\\\Longrightarrow A=1.23\times 10\times(1+\frac{6.7}{100})^4\\\Longrightarrow A=1.23\times 10\times(1.067)^4$

Therefore, at the growth rate of $6.7\%$, the population of the town after 4 years can be represented by the equation, $A=1.23\times 10\times(1.067)^4$.

To know more about the growth rate, refer: brainly.com/question/25849702

#SPJ9