Step-by-step explanation:
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Answer:
The population will reach 20,400 after 6 years.
Step-by-step explanation:
Exponential function:
y(t)= Population after t years
= initial population
r= rate of grow
t= time.
A town has a population of 17,000 and grows at a rate 3% every year.
y(t)= 20,400, = 17,000, r=3%=0.03, t=?
Taking ln function both sides
⇒ t = 6 year.
The population will reach 20,400 after 6 years.