The above answer is wrong ^^ Hr is correct that you would have to divide $1,032 by 16 but the quotient is wrong. You can even type it up in a calculator and the CORRECT answer is that they each earn $64.50
For this case we have the following function: Where, A0: initial population K: rate of change t: time in years Substituting values we have: For the year 2015 we have: Answer: the predicted population in 2015 is: 19,807