Question

In 2007 the population of the town of Cartersville was 24,455. The population growth can be represented by the formula P = 24,455(1.03)x, where x represents the number of years after 2007. When will the population of the town first exceed 30,000?

Answer 1

P = 24455 (1.03)x
30,000/24455 (1.03) < x
The year must be > 1.19 + 2007, or 2008.19, which means in 2009, or in 2008 + 3 months