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Model for population

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Reference no: EM131720875

A city's population has had a continuous growth rate of 11% per year over the past few years. In 2010, the population was 110,000 people.

The model for this population can be written as

Pt=110000e0.11t

where t is the number of years since 2010.

Using this model, what is the estimated population in the year 2017?

Using the exponential property e.11t=e.11t, determine the actual annual growth rate for the city, rounded to the nearest 0.01%

Reference no: EM131720875

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