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Gre4nikov [31]
2 years ago
15

The population of a town grew from 20,000 to 28,000. The continuous growth rate is 15%. The equation 20,000e^0.15t=28000 represe

nts the situation, where t is the number of years the population has been growing. About how many years has the population of the town been growing? Use a calculator and round your answer to the nearest whole number
Mathematics
1 answer:
kondor19780726 [428]2 years ago
5 0
The equation is:
20,000 * e^(0.15 t) = 28,000
e^( 0.15 t ) = 28,000 : 20,000
e^( 0.15 t ) = 1.4
0.15 t = ln 1.4
0.15 t = 0.3365
t = 0.3365 : 0.15
t = 2.24 ≈ 2
Answer:
A ) 2 years.
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