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The population of a particular city is given by the function P(t) = 57,100(1.025)^t, where t is time in years and P(t) is the population after t years. What is the current population, the percentage growth rate, and the population size (rounded to the nearest whole person) after 25 years?

Hint: Percentage Growth Rate = r ⋅ 100, in A = A0(1 + r)^t

 

 A.)57,100, 2.5% annually, 105,860 

B.)57,100, 10.25% annually, 146,319 

C.)57,100, 2.5% semiannually, 196,259 

D.)57,100, 25% semiannually, 356,875

 Feb 26, 2016
 #1
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The answer is A.)

 Feb 26, 2016
 #2
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A is correct

 

 

cool cool cool

 Feb 26, 2016

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