Problem

Population Change A town with a population of 50,000 in 2009 is growing at the rate of 8%...

Population Change A town with a population of 50,000 in 2009 is growing at the rate of 8% per year. In other words, at the end of each year the population is 1.08 times the population at the end of the preceding year. Describe the population sequence and determine what the population will be at the end of 2020, if this rate of growth is maintained.

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