Beck Vaughn
06/21/2024 · Senior High School

11. The population of a small town can be described by the equation \( \mathrm{P}_{\mathrm{n}}=4,000(1.04)^{\mathrm{n}} \) Where n is the number of years after 2005 . Explain in words what this equation tells us about the how the population is changing. When will the population reach 7,000 ?

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The equation shows the population is growing by 4% each year. It will reach 7,000 around 14.27 years after 2005.

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