The town of Ashmore had an initial population of 2,500. The population was increasing by 12% each year. (A) Write an exponential model, in the form of P = a (b)t, for Ashmore's population after t- years. (B) Based on your model, what is the population in 5 years? Round to the nearest integer. (You must show work) (C) How many years will it take for the population to reach 5,000? (You must show work)
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
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Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
The town of Ashmore had an initial population of 2,500. The population was increasing by 12% each year.
(A) Write an exponential model, in the form of P = a (b)t, for Ashmore's population after t- years.
(B) Based on your model, what is the population in 5 years? Round to the nearest integer. (You must show work)
(C) How many years will it take for the population to reach 5,000? (You must show work)
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