The population P(t) of a town, in thousands, t years after 1900 can be described by the rule P(t)=20(1.015)ᵗ. What was the population in 1900? What is the annual rate of growth or decay of the population? Give your answer as a percent.
The population P(t) of a town, in thousands, t years after 1900 can be described by the rule P(t)=20(1.015)ᵗ. What was the population in 1900? What is the annual rate of growth or decay of the population? Give your answer as a percent.
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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- The population P(t) of a town, in thousands, t years after 1900 can be described by the rule P(t)=20(1.015)ᵗ.
What was the population in 1900?
What is the annual rate of growth or decay of the population? Give your answer as a percent.
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