In 2005, a certain town in La Union has a population of 32 400. Each year, the population increases at a constant rate of about 7%. 1-10. What is the growth factor of the town? 11-20. Determine an exponential equation that models the population growth P in t years? 21-30. Using the equation in (11 - 20), determine the population of the town in 2021.

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