Select the correct answer.

The population of a community, [tex]\( p(x) \)[/tex], is modeled by the exponential function:

[tex]\[ p(x) = 2,400(1.025)^x \][/tex]

where [tex]\( x \)[/tex] represents the number of years since the population started being recorded.

What is the approximate population 3 years after the population started being recorded?

A. 2,584 people
B. 2,460 people
C. 14,887 people
D. 7,380 people



Answer :

To solve this problem, we need to find the population of the community 3 years after it started being recorded, given the exponential function [tex]\( p(x) = 2400 \times (1.025)^x \)[/tex]. Here, [tex]\( x \)[/tex] represents the number of years, and we need to determine the value of [tex]\( p \)[/tex] when [tex]\( x = 3 \)[/tex].

Follow these steps:

1. Identify the initial population and the growth rate:

- Initial population [tex]\( P_0 = 2400 \)[/tex]
- Growth rate [tex]\( r = 1.025 \)[/tex]

2. Plug in the value of [tex]\( x \)[/tex] into the exponential function:

Since [tex]\( x = 3 \)[/tex], the function becomes:

[tex]\[ p(3) = 2400 \times (1.025)^3 \][/tex]

3. Calculate the value of the exponent:

Compute [tex]\( (1.025)^3 \)[/tex]:

[tex]\[ (1.025)^3 \approx 1.077 \][/tex]

4. Multiply the initial population by the computed exponential value:

So,

[tex]\[ p(3) = 2400 \times 1.077 \approx 2584.54 \][/tex]

5. Round to the nearest whole number:

[tex]\[ \approx 2585 \][/tex]

Hence, the approximate population 3 years after the population started being recorded is [tex]\( 2585 \)[/tex] people. However, since we are given options and comparing our calculated value to the closest available option, we see that the closest option is:

A. 2,584 people.