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The population of Mastertown was 23,000 in 2012. Assume that Mastertown's population increases at a rate of 2% per year. Write an equation to model the population of Mastertown (y) based on number of years since 2012 (x).

Respuesta :

Answer:

[tex]23000 \times (1 + 0.02) ^{7} or \: 23000 \times (1.02)^{7} [/tex]

Step-by-step explanation:

As this is compound interest you would need to use this formula:

[tex] original \: value \times ( {1 + multiplier \: })^{time \:}[/tex]

And then you would need to subsite the values into this equation to make:

[tex]23000 \times (1 + 0.2)^{7} [/tex]

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