Answer:
2538
2.5%
Step-by-step explanation:
The population equayio since year 2000 can be modeled mathematically as :
P = 2538(1.025)^t
This is an exponential growth function which is represented by the general formula :
y = a(b)^t
Where, a is the initial population ;
b = growth factor ; b = (1 + r) where r = growth rate
Comparing the equations, the population in year 2000 represents the initial population, a = 2538
The percentage Rate of increase in population is :
(1 + r) = 1.025
r = 1.025 - 1
r = 0.025 ; 0.025 * 100% = 2.5%
