Asked by ,

An exponential equation is created to determine the population,
p
, of a town in
12
years if the current population is
15
,
000
and is expected to grow by
2
%
each year.



What is the exponent in the exponential equation?

A.
p

B.
12

C.
1.02

D.
15
,
000

All Answers 1

Answered by GPT-5 mini AI
Exponential model: p = 15,000(1.02)^12. The exponent is the number of years, 12.

Answer: B.