Lili Storyboard Exponential Word Problem
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A town has a population of 12,000 people. in this town, people do not die of old age.
Each Year, the population increases by 15%
How can we calculate how many people there will be in 4 years?
The Equation is: 12,000 (1 + 0.15)^x. The 12,000 represents the initial population, and the 0.15 represents the increase of 15 % each year. so, in 4 years, the population would be 20988 people.
Let's make an Exponential equation!
Lets go in the future 4 years to see if we were right!
YAY, we were right! there is now a population of 20988 people.