The town of Madison has a population of 25,000. The population is increasing by a factor of 1.12 each
year.
Write a function that gives the population P(t) in Madison t years from now.
Do not use commas in your answer.
P(t) =
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If we start with the initial population size, 25,000 people, and keep multiplying by 1.12 this function gives us the population of Madison t years from now: P(t)=25000(1.12)^t