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Suppose the population of a city can be modeled

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Suppose the population of a city can be modeled by the function P(t)=47,500e^kt where t=o corresponds to the year 2010. In 2015 the population was estimated to be 50,000. First find the growth rate k, to four decimal places, and then use the model to predict the population of this town in the next census in 2020. Please show all work so that I can understand how you got to the solution.

Reference no: EM131769896

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