Answer:
For 15 years - [tex]110,000(1.04)^{15}[/tex]
After 15 years - [tex]110,000(1.04)^{x+15}[/tex]
Step-by-step explanation:
We have that,
Initial population is 110,000 which grows by the rate 4% i.e. 0.04 for 15 years.
Since, the exponential growth is given by [tex]P(1+r)^{x}[/tex],
where P is the initial population, r is the rate of interest and x is the number of years.
Thus, the required population is [tex]110,000(1+0.04)^{15}[/tex] i.e. [tex]110,000(1.04)^{15}[/tex].
Moreover, after 15 years i.e. x+15 years, the population will be [tex]110,000(1.04)^{x+15}[/tex].
Thus, the population after 15 years is [tex]110,000(1.04)^{x+15}[/tex].
