Chapter 12, Problem 17T

(a)

To determine

To calculate: The population in the year $2010$ by using model $P\left(t\right)=8008{\left(1.02\right)}^t$. If the population of New York City has a 2% growth rate, where $P\left(t\right)$ is in thousands and $t$ is in years ($t=0$ corresponds to the year $2000$)

(b)

To determine

To calculate: The year in which the population will reach $12$ million if $P\left(t\right)=8008{\left(1.02\right)}^t$.