Question

The 2000 U.S. Census reports the populations of Bozeman, Montana, as 27,509 and Butte, Montana, as 32,370. Since the 1990 census, Bozeman’s population has been increasing at approximately 1.96% per year. Butte’s population has been decreasing at approximately 0.29% per year. Assume that the growth and decay rates stay constant.

Answer 1

The solution would be like this for this specific problem:

Bozeman: P(5) = 27,509 (1.0196)  ^ 5 = 30,313 
Butte: P(5) = 32,370 (0.9971)  ^ 5 = 31,903 

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