I think this is the answer
Hi there! So the situation that we are talking about for this is compounding, because the population is growing.. The formula for compounding something is P(1 + r)^t, with P representing the initial amount, r representing the rate, and t representing the time in years. First off, let's add the rate into 1. 1.2% is 0.012 in decimal form. 1 + 0.012 is 1.012. Now, because we are looking for the population after 4 years. We raise 1.012 to the 4th power. 1.012^4 is 1.04887093274. It's a long decimal, but do not delete this number from your calculator. Now, we multiply that number by 38,300 in order to get 40,171.7567238 or 40,172 when rounded to the nearest whole number. There. The population of Huntersville will be 40,172 people in 4 years.
See below for the proof of the equation
<h3>How to prove the equation?</h3>
The equation is given as:
Take the LCM
Expand
Evaluate the like terms
Rewrite as:
Factorize the numerator
Divide
2(a - b)= 2(a - b)
Both sides are equal
Hence, the equation has been proved
Read more about equations at:
brainly.com/question/2972832
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