Question

question a town has a population of 11000 and grows at 4% every year. what will be the population after 15 years, to the nearest whole number? answer attempt 1 out of 3 submit answer

Explanation:

Step1: Define growth formula

The exponential growth formula is $P(t) = P_0(1+r)^t$, where $P_0=11000$, $r=0.04$, $t=15$.

Step2: Substitute values into formula

$P(15) = 11000(1+0.04)^{15}$

Step3: Calculate growth factor

First compute $(1.04)^{15} \approx 1.8009435$

Step4: Compute final population

$P(15) = 11000 \times 1.8009435 \approx 19810.38$

Step5: Round to nearest whole number

Round 19810.38 to 19810.

Answer:

19810