Town population

Question

Town has population of 10000 and grows 2.5% every year what is the population after 7 years

Answer 1

P(t) = P₀ (1.025)^t

P₀ = initial population (year zero) = 10,000

t = number of years elapsed since population was P₀

P(t) = 10,000 (1.025)^t

P(7) = 10,000 (1.025)⁷ = ?