We have that the exponential growth function and population be in 2020 is mathematically given as
- y=325000e^{0.002t}
- y=469925
From the question we are told
- The population of a city has been increasing by 2% annually. The sign shown is from the year 2000.
- Write an exponential growth function that represents the population t years after 2000.
- What will the population be in 2020? Round your answer to the nearest thousand. The population will be about:
Population
a)
Generally the equation for the standard form of exponential function is mathematically given as
y=325000e^{0.002t}
b)
With T =20
Hence
y=325000e^{0.002(20)}
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