The population of a small town is modelled by the function P(t)=14000(1.025)' where t is the number of years since the year 1990. ( ex: for 1990, t = 0) a) Find the population of the town in 2015. b) State the growth rate. Give your answer as a percent. c) How long will it take the population to double? Give your answer correct to the nearest year.

The population of a small town is modelled by the function P(t)=14000(1.025)' where t is the number of years since the year 1990. ( ex: for 1990, t = 0) a) Find the population of the town in 2015. b) State the growth rate. Give your answer as a percent. c) How long will it take the population to double? Give your answer correct to the nearest year.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

The population of a small town is modelled by the function P(t)=14000(1.025)' where t is the number of
years since the year 1990. ( ex: for 1990, t = 0 )
a) Find the population of the town in 2015.
b) State the growth rate. Give your answer as a percent.
c) How long will it take the population to double? Give your answer correct to the nearest year.

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