The scatter plot below shows the average rent (in dollars per month) for a 1 bedroom apartment in new york city each year betwee
n 2000 and 2013. A line was fit to the data model the relationship.
which of these liner equations best describes the given model?
a.y=2/5x+800
b.y=40x+800
c.y=800x+2/5
d.y=800x+40
based on this equation,use this equation to estimate the average rent in 2020.round your answer to the nearest dollar.
which of these liner equations best describes the given model?
a.y=2/5x+800
b.y=40x+800
c.y=800x+2/5
d.y=800x+40
based on this equation,use this equation to estimate the average rent in 2020.round your answer to the nearest dollar.
1 answer:
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Answer:
For 15 years -
After 15 years -
Step-by-step explanation:
We have that,
Initial population is 110,000 which grows by the rate 4% i.e. 0.04 for 15 years.
Since, the exponential growth is given by ,
where P is the initial population, r is the rate of interest and x is the number of years.
Thus, the required population is i.e.
.
Moreover, after 15 years i.e. x+15 years, the population will be .
Thus, the population after 15 years is .
