A town 3

A town with 12,000 people has been growing at a rate of 2.5% per year. How many years ago was the population 8,000?

Correct answer:

t =  16.4205

Step-by-step explanation:

b=12000 a=8000  r=100%+2.5%=1+1002.5=1.025  b = a rt  rt=b/a  t ln r = ln(b/a)  t=lnrln(b/a)=ln1.025ln(12000/8000)=16.4205



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