AIR MATH

Math Question

In 1997 the population of a certain city in Oregon was 150,000 . In that same city in 2006 population grew to 182,452 . Assume the population growth has been exponential. This means we can use the following model for this problem.
\[
P_{n}=P_{0}(1+r)^{n}
\]
Find the growth rate for this problem. Give your answer as a percent rounded to the nearest tenth of a percent.
\[
r=
\]
Estimate the population of the city in 2026. Do not use the rounded off value for \( r \). Use 7 or 8 decimal digits for \( r \).
To the nearest whole person, we expect the population to be in the city in 2026 .

Solution

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