Write the exponential growth function to model the following situation: A population of 422, 000 increases by 12% each year.

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Write the exponential growth function to model the following situation: A population of 422, 000 increases by 12% each year.

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Answer 1

we have to write the exponential growth function to model the following situation:
A population of 422,000 increases by 12% each year.
A population of 422, 000 increases by 12% each year.
Let P(n) denotes the exponential growth function
where n is the number of years.
$P(n)=422000(1+12/100)^n$
$P(n)=422000(1.12)^n$

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Write the exponential growth function to model the following situation: A population of 422, 000 increases by 12% each year.

Write the exponential growth function to model the following situation: A population of 422, 000 increases by 12% each year.

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