Answer:
7379.
Step-by-step explanation:
We have been given that every 5 years in march the population of a certain town is recorded in 1995 the town had a population of 4,500 people.
From 1995-2000 the population increased by 15%.
Let us find the population in 2000 using exponential growth formula.
, where,
a = Initial amount or value,
r = Growth rate in decimal form.
Let us convert our given rate in decimal form.
To find the population in year 2005 we will use exponential decrease function.
, where,
a = Initial amount or value,
r = Decay rate in decimal form.
Let us convert our given rate in decimal form.
Since we can not have 0.938 of a person, therefore, the population of town was 7379 in 2005.