The population of Jacksonville in 2018 is estimated to be 19,000 people with an annual rate of increase of 3.4%. Which equation models the population of Jacksonville in t years?

Respuesta :

Answer:

[tex]P=19,000(1.034)^{t}[/tex]

Step-by-step explanation:

Let

P-------> the population of Jacksonville

t----> the number of years since 2018

we know that

The equation that models the population of Jacksonville in t years is

[tex]P=19,000(1+r)^{t}[/tex]

we have

[tex]r=3.4\%=3.4/100=0.034[/tex]

substitute

[tex]P=19,000(1+0.034)^{t}[/tex]

[tex]P=19,000(1.034)^{t}[/tex]

Answer:

D

Step-by-step explanation:

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