This is exponential growth at a rate of 15% per year. Initially the population is 95. After t years, the population will be 95(1.15)^t. Note that 2023 is 8 years past 2015. The poulation in that year will be 95(1.15)^8, or 291 (rounded up to the nearest integer).
Answer:
approximately 291 people will there be in 2023.
Step-by-step explanation:
In Florida there is increase of population 15% every year, This means we multiply the current population by 1.15.
Population in 2015 = 95
Now we calculate the growth of population :
= 95(1.15)[tex]^{t}[/tex]
Here t = time, which is 2023 - 2015 = 8 years
= 95 × 1.15[tex]^{8}[/tex]
= 95 × 3.05902286
= 290.607172 rounded to an integer it would be 291
