Let P=15(1.04)^T give the population (in thousands) of a town, with t in years. If the formula for P is written P=15(2)^t/c, find the value of c correct to 2 decimals.

Question

What is the meaning of c in this context

Answer 1

1.04 = 2^(1/c)

So 1.04^c =2.

So c is that special number which you raise 1.04 to, to get 2.