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Tcecarenko [31]
3 years ago
6

joyville has a population of 20,750 people. its population is increasing at a rate of 2.9% each year. what is the function?

Mathematics
1 answer:
harina [27]3 years ago
3 0

Answer:

Step-by-step explanation:

Since the rate is greater than 1 this is an exponential growth function of thr form

y=ar^x, where y=final value, a=initial value, r=common ratio or rate, and x=term number

In this case a=20750, r=1.029 so

y=20750(1.029)^x

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