A town has a population of 260 000. Its population has been growing at an annual rate of 3.1% for the past 10 years. If this rate of growth continues, what will be the population five years from now?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
Section7.9: Geometric Sequences As Exponential Functions
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A town has a population of 260 000. Its population has been growing at an annual rate of
3.1% for the past 10 years. If this rate of growth continues, what will be the population five
years from now?
Transcribed Image Text:A town has a population of 260 000. Its population has been growing at an annual rate of 3.1% for the past 10 years. If this rate of growth continues, what will be the population five years from now?
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