Karl opens a savings account with $2500. He deposits $1500 every year into the account that has a 0.75% interest rate, compounde
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It is given in the question that
A city had population 67,255 on January 1,2000, and its population has been increasing by 2935 people each year since then.
Here initial population , b, is 67255, and the rate of increase of population is 2935 people each year. And that's the value of the slope .
Using slope intercept form, which is
And substituting the values of m and b, we will get