Town A has a present population of 1,50,000 and grows exponentially at a continuous…
MATHEMATICS · Subjective · AP · AP Precalculus · Exponential and Logarithmic Functions · Exponential and Logarithmic Functions
Problem
Town A has a present population of 1,50,000 and grows exponentially at a continuous rate of 3\% per year. Town B has a present population of 1,20,000 and grows exponentially at a continuous rate of 4\% per year. After how many years will the two towns have the same population? (Give your answer correct to two decimal places.)