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Plot and Label the Given Points Q=Q0×(1+r)t\mathrm { Q } = \mathrm { Q } _ { 0 } \times ( 1 + \mathrm { r } ) ^ { \mathrm { t } }

Question 32

Multiple Choice

Plot and label the given points.
-The population of a town with an initial population of 68,555 grows at a rate of 3.8% per year. Create an exponential function of the form Q
Q=Q0×(1+r) t\mathrm { Q } = \mathrm { Q } _ { 0 } \times ( 1 + \mathrm { r } ) ^ { \mathrm { t } }


A) Q=68,555×(0.962) tQ = 68,555 \times ( 0.962 ) ^ { t }
B) Q=68,555×(1.038) tQ = 68,555 \times ( 1.038 ) ^ { t }
C) Q=68,555×(4.8) tQ = 68,555 \times ( 4.8 ) ^ { t }
D) Q=68,555×(0.924) tQ = 68,555 \times ( 0.924 ) ^ { t }

Correct Answer:

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