Suppose a town's population grows from 25,000 to 290,000 over 6 years.
Choose the annual growth factor.
Round answers to 2 decimal places.
A) 265,000
B) 1.50
C) 44,166.67
D) 11.60

Question

Quizplus · Accepted Answer

The annual growth factor can be found using the formula for exponential growth: Final Population = Initial Population * (Growth Factor)^Years. Solving for the growth factor: 290,000 = 25,000 * (Growth Factor)^6. Growth Factor = (290,000 / 25,000)^(1/6) ≈ 1.50.

Suppose a Town's Population Grows from 25,000 to 290,000 Over