Maria deposited $1 ,320 in an account that pays 2.29% simple interest for three years.
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The population of the town from 2000 to 2020 is modeled by the equation:
Where t is the number of years since 2000.
We have to find the expected population of the town in 2002. The number of years from 2000 to 2002 are 2, so we have to find p(2). Replacing t by 2 in the above equation, we get:
So, according to the model, the population of town in 2002 is predicted to be 11,025.
Where t is the number of years since 2000.
We have to find the expected population of the town in 2002. The number of years from 2000 to 2002 are 2, so we have to find p(2). Replacing t by 2 in the above equation, we get:
So, according to the model, the population of town in 2002 is predicted to be 11,025.