Math Problem Statement

The population of a town in 2010 is 5000. The population of the town for the next five successive years is recorded as: 5421, 5836, 6293, 6725, 7202. Assuming the population is approximately following an arithmetic sequence, find (to an accuracy of three significant figures) the common difference of the sequence and a prediction for the town's population in 2024.

Solution

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Math Problem Analysis

Mathematical Concepts

Arithmetic Sequences
Algebra
Population Growth Prediction

Formulas

Common difference of arithmetic sequence: d = (sum of differences) / (number of differences)
General term of arithmetic sequence: a_n = a_1 + (n - 1)d

Theorems

Arithmetic Sequence Formula

Suitable Grade Level

Grades 9-12