Answer:
Equation: P = P0(1.04)^n
Population at 12 years: 4323
Step-by-step explanation:
The population starts at 2700 and increases by 4% per year. In equation form this can be written as:
P = P0(1.04)^n
Where P is the final population, P0 is the initial population, and n is the number of years.
Subbing in 2700 for P0 and 12 for n we get:
P = 2700(1.04)^12
P = 4323
