Exponential growth

Question

A town had 525 people in 2017 with a growth rate of 6.2% write a exponential growth function and use it to predict the population in 2022

Answer 1

P(n) = P₀ (1.062)ⁿ

P₀ = initial population (in 2017) = 525

n = number of years from when the population was P₀

P₀(n) = 525 (1.062)ⁿ

In 2022,

n = 2022 - 2017

Plug this value of n into the equation for P(n) and finish from here.