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2 years ago

14

The population of Jacksonville in 2018 is estimated to be 19,000 people with an annual rate of increase of 3.4%. Which equation

models the population of Jacksonville in t years?

1 answer:

Umnica [9.8K]2 years ago

4 0

Answer:

$P=19,000(1.034)^{t}$

Step-by-step explanation:

Let

P-------> the population of Jacksonville

t----> the number of years since 2018

we know that

The equation that models the population of Jacksonville in t years is

$P=19,000(1+r)^{t}$

we have

$r=3.4\%=3.4/100=0.034$

substitute

$P=19,000(1+0.034)^{t}$

$P=19,000(1.034)^{t}$

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