Summers Barrett
03/24/2023 · Middle School

6-8. A small town has a current population of 10,000 people. The population is growing at an annual rate of \( 4 \% \). a. Write an exponential function model the population \( \mathrm{P}(\mathrm{t}) \) after t years. b. Using the function, calculate the expected population after 5 years.

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a. The exponential function model for the population is \( P(t) = 10000 \times (1 + 0.04)^t \). b. The expected population after 5 years is approximately 12,166.53 people.

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