Answer:
The approximate population of the town in 2023 will be 291
Step-by-step explanation:
In 2015, the population of a small town in Florida is 95
So, The population of a small town in Florida = 95
Now, The increase in the population of a small town in Florida is 15%
We need to find the approximate population of the small town in 2013
Number of years from 2015 to 2023 = 8 years
So, we need to find the population increase in 8 years with the rate of 15%
Thus, The increased population = initial population × ( 1 + 15%)^8
⇒ The increased population = 95 × 1.15^8
= 290.61 ≈ 291
Therefore, The approximate population of the town in 2023 will be 291
