Question

In Youngtown, the population reached 4420 people in 1993. In 1998, there were 5600 residents. What was the population in the year 2000?
 

6058

6062

6072

6068

Answer 1

Growth rate = (Present - Past)/Past Plugging in what we know Growth rate =(5600â’4420)/4420 Thus Growth rate=.26697 Now we can plug the growth rate into our first formula which gives us P=5600e^(.26697â‹…2) Solve for P and we get P = 9551.58 however since you can not have .58 of a person we round down to 9551. So Youngtown will have 9551 citizens in the year 2000