In the year 1995, the population of a town in Texas was recorded as 25,400 people. Each year since 1995, the population has increased on average by 11% each year.

Question

8. Based on the function, what is the population predicted to be in the year 2020?

(Round up the nearest person--no decimals).

Answer 1

1995 ----> t = 0
2020 ---- t = 25

pop. = 25400(1.11)^25
= 345,071

(ambitious town)

Answer 2

mathhelper is correct