Answer: The population of the town in 2015
Step-by-step explanation:
Hi, to answer this question we have to apply an exponential growth function:
A = P (1 + r) t
Where:
p = original population
r = growing rate (decimal form)
x= years after 2006
A = population after t years
Replacing with the values given:
p(9) = 8,963 (1.03)^9
Since the years passed between 2006 and 2015 are 9 ( x), the equation represents the population of the town in 2015.
Feel free to ask for more if needed or if you did not understand something.
