Question

A town has a population of 141,300 and grows at a rate of 5% every year. Which equation represents the town’s population after 6 years?

Answer 1

Answer:

P=141,300(1+0.05)^6

Step-by-step explanation:

r = rate = 5/100 = 0.05

a = starting amount = 141,300

t = time = 6 years

% growth formula:

a(1+r)^t

141,300(1.05)^6