QuestionModel the city's population growth from 2020 ($1,596,000$ with a $3.5\%$ annual increase) using the function $f(x)$.

Studdy Solution
Plug in the values for the initial population and the growth factor to write the function.
$$f(x) =1,596,000 \cdot1.035^{x}$$So, the function that models the population of the city is$$f(x) =1,596,000 \cdot1.035^{x}$$This function tells us the population of the city $x$ years after2020, assuming a constant annual growth rate of3.5%.