In 2007 the population of the town of Cartersville was 24,455. The population growth can be represented by the formula P = 24,45
5(1.03)x, where x represents the number of years after 2007. When will the population of the town first exceed 30,000?
2 answers:
You would multiple by 1.03 until you reach 30000.2017
If
represents population, and
represents the number of years after 2007, then we need to set
to
and solve for
, then add that to 2007.
Now divide each side by
to solve for
.
represents the number of years since 2007, so to get a year value, we need to add
to 2007.
That gives you
. We don't represent years with decimals, so the answer would be
2008.
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