For a population that grows at a constant rate of r% per year, the formula P(t)=po(1+
r
100
)t models the population t years after an initial population of po people is counted.
The population of the city of San Jose was 782,000 in 1990. Assume the population grows at a constant rate of 5% per year. According to this formula, which of the following is an expression for the population of San Jose in the year 2000 ?

Question

Examsnet · Accepted Answer

Correct Answer is : 782,000(1.05)10

ACT Mathematics Free Online Practice Test 2