Question

A town has a population of 13000 and grows at 2.5% every year. What will be the population after 5 years, to the nearest whole number?

Answer 1

Answer: The population of the town after 5 years will be 147089 (approx).

Step-by-step explanation:

The exponential growth equation is given by :-

$f(x)=A(1+r)^x$...(*)

, where A = initial population , r= rate of growth ( in decimal) and x is time.

As per given , we have

A= 13000

r=2.5%=0.025

x= 5 years

Using (*), the population of the town after 5 years would be :

$f(5)=13000(1+0.025)^5=13000(1.025)^5\\\\=13000(1.13140821289)=14708.306767614708.3067676\approx147089$

Hence, the population of the town after 5 years will be 147089 (approx).

Answer 2

Answer:

14625

Step-by-step explanation:

2.5% of 13000 is 325

(2.5/100)x13000 =

(2.5x13000) / 100 =

32000/100 = 325

325x5 (5 years) = 1625

14625 is the answer I got

Tell me if I'm wrong