A city had a population of 110,000 in 1920. The population grew at a rate of 1% per year thereafter.

Which function could model this situation?
Use the function you selected to estimate the population in 1922.
Round your answer to the nearest whole number.
people

1 answer

The function that could model this situation is: P(t) = 110,000(1.01)^t, where t represents the number of years since 1920.

To estimate the population in 1922 (2 years after 1920), plug in t = 2 into the function:

P(2) = 110,000(1.01)^2
P(2) = 110,000(1.0201)
P(2) ≈ 112,211

Therefore, the estimated population in 1922 would be 112,211 people.