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16 January, 05:59

The population of master town was 23000 in 2012. Assume that master town's population increases at a rate of 2% per year Write an equation to model the population of master town based on the number of years since 2012.

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  1. 16 January, 08:48
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    This is an example of exponential growth ...

    F=Ir^t

    P (y) = 23000 (1.02) ^ (y-2012)
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