The population of the town be in 2010 will be 121634, and it will take 21 years for the population to get to 50000
The population model is given as:
[tex]P(x) = 3485e^{0.125x}[/tex]
(a) The population in 2010
In 2010, the value of x is 10.
So, we have:
[tex]P(10) = 3485 * e^{(0.125 \times 10)}[/tex]
Evaluate the exponent
[tex]P(10) = 3485 * e^{(1.25)}[/tex]
This gives
[tex]P(10) = 121634[/tex]
(b) Year to reach 50000
This means that P = 50000.
So, we have:
[tex]50000 = 3485e^{0.125x}[/tex]
Divide both sides of the equation by 3485
[tex]14.35 = e^{0.125x}[/tex]
Take natural logarithm of both sides
[tex]\ln(14.35) =0.125x[/tex]
[tex]2.66 =0.125x[/tex]
Divide both sides by 0.125
[tex]21.28 = x[/tex]
Rewrite as:
[tex]x =21.28[/tex]
Approximate
[tex]x =21[/tex]
Hence, the population of the town be in 2010 will be 121634, and it will take 21 years for the population to get to 50000
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