The following function gives the population of a small town

The following function gives the population of a small town, where t is measured in years after 2010. Estimate the town\'s population in 2018. Round to the nearest whole number. P(t)=923(1.027)^t

Solution

Solution:

Here;

t = 2018 - 2010 = 8 years

hence;

P(8)=923(1.027)^8

=> P(8)=1142.26 (1142 approx )