Consider the following case of exponential growth. Complete parts a through c below. The population of a town with an initial population of 75,000 gro

Chaya Galloway 2021-02-24 Answered

Consider the following case of exponential growth. Complete parts a through c below.
The population of a town with an initial population of 75,000 grows at a rate of 5.5​% per year.
a. Create an exponential function of the form
Q=Q0×(1+r)t​, ​(where r>0 for growth and r<0 for​ decay) to model the situation described

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Expert Answer

Yusuf Keller
Answered 2021-02-25 Author has 90 answers

The population of a town with an initial population of 75,000 grows at a rate of 5.5​% per year. That is,
Q0=75,000 & r=5.5%=0.055
Therefore exponential function is,
Q=Q0(1+r)t
Q=75,000(1+0.055)t
Q=75,000(1.055)t

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