Answer:
The equation would be:
p = 10,000 * (1 + 0.2)∧ t
Step-by-step explanation:
1. Let's review the information provided to us to answer the question correctly:
Current population of a town = 10,000 inhabitants
Growth rate of the population = 20% annually
2. Which equation could be used to find the population after T years?
p = Population of the town after t years
t = Number of years
We will use the following equation:
p = 10,000 * (1 + 0.2)∧ t
For example, let's calculate the population after 6 years, replacing with the real values, we have:
p = 10,000 * (1 + 0.2)⁶
p = 10,000 * 2.986
p = 29,860 inhabitants
