MHB In which year does the population reach 2000 people?

Thread starter eleventhxhour
Start date Apr 22, 2014
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To determine when the population of a small town reaches 2000 people, the growth function P(n) = 1250(1.03)^n is used, where n represents the number of years since 1996. By setting P(n) equal to 2000 and solving for n, the equation becomes 2000 = 1250(1.03)^n. This leads to the calculation of n, which is approximately 5.64, indicating that the population will reach 2000 people in the year 2002. The discussion emphasizes the importance of correctly applying exponential growth functions to solve population-related problems.

Apr 22, 2014

eleventhxhour

So, this looks really simple, but I keep getting a different answer from the textbook. Could someone help? Thanks

3d) The growth in population of a small town since 1996 is given by the function $$P(n) = 1250(1.03)^n$$

In which year does the population reach 2000 people?

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Apr 22, 2014

MarkFL

Gold Member

MHB

How are you approaching the problem?

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