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If the population of a small city is 55,000. If the population grows continuously by 5% per year, in how many years will the population reach 75,000?

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.4: Geometric Sequences And Series

Problem 6SC

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If the population of a small city is 55,000. If the population grows continuously by 5% per year, in how many years will the population reach 75,000?

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