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The population of a town in 20072007 is 113,505113,505 and is increasing at a rate of 1.2%1.2% per year. What will the population be in 20122012?y=𝑦= (( )x)𝑥What number will you fill in for x𝑥 to solve the equation? (Hint: For this one, how many years after 20072007 is 20122012?y=𝑦=

Question

The population of a town in 20072007 is 113,505113,505 and is increasing at a rate of 1.2%1.2% per year. What will the population be in 20122012?y=𝑦= (( )x)𝑥What number will you fill in for x𝑥 to solve the equation? (Hint: For this one, how many years after 20072007 is 20122012?y=𝑦=

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Solution

To solve the equation, you will fill in 5 for x. This is because 2012 is 5 years after 2007.

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