Asked by Tony
                A town has a population of 8400 in 1990. Fifteen years later, its population grew to 12500. Determine the average annual growth rate of this town's population. How do i solve this using applications of exponential functions? 
            
            
        Answers
                    Answered by
            bobpursley
            
    12500=8400(R)^15
ln12500=ln8400+15lnR
solve for R
    
ln12500=ln8400+15lnR
solve for R
                    Answered by
            Tony
            
    it doesnt work, 
the answer is approximately 2.7%
:(
    
the answer is approximately 2.7%
:(
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