
Robert K. answered 05/16/22
Experienced Math Tutor Who Will Improve Both Understanding and Grades
y = A(1+ r)^x is general formula for growth
Using A = 110,000 as the initial amount, 3% growth, t as the independent variable and P as the dependent variable we will say
P = 110,000(1.03)^t
Now put in 15 for t and see what the population is after 15 years.