Math Problem Statement

A town has a population of 17000 and grows at 4% every year. What will be the population after 12 years, to the nearest whole number?

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Growth
Population Growth

Formulas

P(t) = P0 × (1 + r)^t

Theorems

Exponential Growth Formula

Suitable Grade Level

Grades 9-12