the population of mastertown is 23000 in 2012. assume the mastertown's population increase at of 2% per year. Write an equation to model the popultaion of mastertown (y) based on number of years since 2012

Answer 1

The equation to model the population of Mastertown (y) based on the number of years since 2012 (x) is:

y = 23000(1 + 0.02)^x

where:
y = population of Mastertown
x = number of years since 2012

This equation represents the population growth rate of 2% per year from 2012.