The town of Madison has a population of 25,000 . The population is increasing by a factor of 1.12 each year.Write a function that gives the population P(t) in Madison t years from now.Do not use commas in your answer.P(t)=
Q. The town of Madison has a population of 25,000 . The population is increasing by a factor of 1.12 each year.Write a function that gives the population P(t) in Madison t years from now.Do not use commas in your answer.P(t)=
Question Prompt: The question prompt is: "What is the function that gives the population of Madison t years from now?"
Exponential Growth Formula: To find the function that represents the population of Madison t years from now, we need to use the formula for exponential growth, which is P(t)=P0×(growth factor)t, where P0 is the initial population and the growth factor is 1.12 in this case.
Initial Population and Growth Factor: The initial population P0 is given as 25,000. The growth factor is 1.12, which means the population increases by 12% each year. To write the function, we replace P0 with 25,000 and the growth factor with 1.12.
Population Function: The function that gives the population of Madison t years from now is P(t)=25000×(1.12)t.
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