math
posted by Vanessa .
I am having trouble solving this problem. In 1994, the population of the Las Vegas metropolitan area was about 1,076,000 with an average annual growth rate of 6.5%. Assume this growth rate continues into the future.
I have to estimate the population of Las Vegas each year. I know that the equation should be written in this format, y=ab^x, but what would the equation be? Please help me.

P(n) = Population n years after 1994
= (1,076,000)(1.065)^n
Example: in 1996, after 2 years,
P(n=2) = 1,220,426
in 2007, 13 years after 1994,
P(n=13) = 2,439,817
In case you are curious, the entire population of Clark County NV, which includes Las Vgas, hit 2 million in late 2007. That includes Boulder City and Laughlin, which are well outside the Las Vegas metropolitan area. Therefore the annual growth estimate of 6.5% was too high.
Respond to this Question
Similar Questions

Math
You are listening to a political pundit discussing the growth of the state's population with a radio talk show host. The host states that the State of Arizona had a population of 6,166,318 in 2006. Our pundit says the 2005 population … 
Mathematics
You are listening to a political pundit discussing the growth of the state's population with a radio talk show host. The host states that the State of Arizona had a population of 6,166,318 in 2006. Our pundit says the 2005 population … 
MATH
You are listening to a political pundit discussing the growth of the state's population with a radio talk show host. The host states that the State of Arizona had a population of 6,166,318 in 2006. Our pundit says the 2005 population … 
Calculus
After its fastest rate of growth ever during the 1980s and 1990s, the rate of growth of world population is expected to slow dramatically in the twentyfirst century. The function G(t) = 1.58e−0.213t gives the projected annual … 
Calc
After its fastest rate of growth ever during the 1980s and 1990s, the rate of growth of world population is expected to slow dramatically in the twentyfirst century. The function G(t) = 1.58e−0.213t gives the projected annual … 
math
After its fastest rate of growth ever during the 1980s and 1990s, the rate of growth of world population is expected to slow dramatically in the twentyfirst century. The function G(t) = 1.58e−0.213t gives the projected annual … 
math
2.Calculate the growth rate of Asset J dividends, we have to assume that future dividend payments will grow at a constant rate into the future forever. This constant rate can be estimated by calculating the average growth rate from … 
Finance
2.Calculate the growth rate of Asset J dividends, we have to assume that future dividend payments will grow at a constant rate into the future forever. This constant rate can be estimated by calculating the average growth rate from … 
math
country A has a growth rate of 3.8% per year. The population is currently 5,592,000 and the land area of country A is 14,000,000,000 sq yds. Assuming this growth rate continues and is exponential, after how long will there be one person … 
Math
Assume the carrying capacity of the earth is 9 billion. Use the 1960s peak annual growth rate of 2.1% and population of 3 billion to predict the base growth rate and current growth rate with a logistic model. Assume a current population …