The population of a town with an intial population of 5000, that grows at 2% every year would be 5520 after 5 years
An equation is an expression that shows the relationship between two or more variables and numbers.
Let y represent the population of the town after x years.
The population of 5000 grows at 2% every year. Hence:
100%+2% = 1.02, this gives:
y = 5000(1.02)ˣ
After 5 years:
y = 5000(1.02)⁵ = 5520
The population of a town with an intial population of 5000, that grows at 2% every year would be 5520 after 5 years
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