In 2000, the population of Littletown was 17,000.
1 answer:
We first must solve for the rate:Rate = 10<span>^[(log[Ending Amount / Beginning Amount] ÷ time)]</span><span> -1
</span>Rate = 10^[(log(34,000 / 17,000) / 26)] -1Rate = 10^[log(2) / 26] -1Rate = 10^[0.30102999566 / 26] -1Rate = (10^
<span>
<span>
<span>
0.0115780768) -1
</span></span></span>Rate =
<span>
<span>
<span>
1.0270180507</span></span></span>-1Rate = <span><span>.0270180507
</span>
</span>
Now for the 2010 population:<span>2010 Amount = 2000 Amount × (1 + rate) </span>time
<span>
</span>
2010 Amount =17,000 * (1.<span>0270180507)^10
</span>2010 Amount =17,000 *
<span>
<span>
<span>
1.3055116977
</span>
</span>
</span>
2010 Amount =
<span>
<span>
<span>
22,194
</span></span></span>
Source 1728.com/expgrwth.htm
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