The population of a town is increasing by 2% per year. The current population of the town is 11 568.
a) Write an exponential function to model the population remaining, P, after t years. Graph the function. Explain.
b) States the transformations in your exponential function.
c) Use your equation to determine the population remaining after 5 years.
d) Use the graph to approximate the population in the town after 20 years.
e) According to your equation, will the population ever reach zero? Is this reasonable? Explain.
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