Question

the population of a particular city is given by the function p(t) = 72,300(1.03)t, where t is time in years and p(t) is the population after t years. what is the current population, the percentage growth rate, and the population size (rounded to the nearest whole person) after 10 years? hint: percentage growth rate = r ⋅ 100 in a = a0(1 r)t

Answer 1

Current population :  72300
percentage growth rate:  3%
after ten years :  97165