Writing Equations to Represent Exponential Growth & Decay

The population of a small town is 5,000 and is increasing by 2% each year. Which equation models the population *P* after *t* years?

• 0

• 3

• 100

• 0.03

• 0°C

• 30°C

• 70°C

• 100°C

• 0.5%

• 5%

• 50%

• 105%

• 15%

• 85%

• 100%

• 0.85%

• 2

• 0.02

• 50

• 0

• 0 cm/week

• 15 cm/week

• 10 cm/week

• 5 cm/week