Write an exponential function to model each situation. Find each amount after the specified time. A population of 120,000 grows 1.2% per year for 15 years.

aflacatn 2020-12-24 Answered
Write an exponential function to model each situation. Find each amount after the specified time. A population of 120,000 grows 1.2% per year for 15 years.
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Expert Answer

yagombyeR
Answered 2020-12-25 Author has 92 answers
A(t)=a(1+r)t
Substitude a with $120,000, r with 1,2%=0.012 and t with 15:
A(15)=120,000(1+0.012)15
=120,000(1.012)15143,512
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