rounding to the nearest tenth will be 20
Solution
a)
To find the exponential growth function, we apply the exponential growth formula which is

Where

Given that

Substitute the variables into the exponential growth formula
![\begin{gathered} 25100=23900(1+k)^5 \\ \text{Divide both sides by 23,900} \\ \frac{25100}{23900}=\frac{23900(1+k)^5}{23900} \\ 1.05021=(1+k)^5^{} \\ \sqrt[5]{1.05021}=1+k \\ 1.00984=1+k \\ \text{Collect like terms} \\ k=1.00984-1 \\ k=0.00984 \end{gathered}](https://tex.z-dn.net/?f=%5Cbegin%7Bgathered%7D%2025100%3D23900%281%2Bk%29%5E5%20%5C%5C%20%5Ctext%7BDivide%20both%20sides%20by%2023%2C900%7D%20%5C%5C%20%5Cfrac%7B25100%7D%7B23900%7D%3D%5Cfrac%7B23900%281%2Bk%29%5E5%7D%7B23900%7D%20%5C%5C%201.05021%3D%281%2Bk%29%5E5%5E%7B%7D%20%5C%5C%20%5Csqrt%5B5%5D%7B1.05021%7D%3D1%2Bk%20%5C%5C%201.00984%3D1%2Bk%20%5C%5C%20%5Ctext%7BCollect%20like%20terms%7D%20%5C%5C%20k%3D1.00984-1%20%5C%5C%20k%3D0.00984%20%5Cend%7Bgathered%7D)
Hence, the exponential growth function is

Hence, the exponential growth function is

b)
For the population of the city in 2022,

Substitute for t into the exponential growth function

Hence, the population is 2022 is 27700 (nearest hundred)
Multiply 400 by 8% and add it to 400:
400 x 0.08 = 32
400 + 32 = 432
Answer: $432
Answer:
Step-by-step explanation:
1. The answer is 8/35.
2. This works because 8/35 equals 22.857142857142858.
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