Name: SAT Math Help & School Math Mastery
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#34982

applications

exponential

medium

60 sec

The equation above models the population, $P$ , of a small town $y$ years after 2000. Of the following, which equation models the population of the town $m$ months after 2000?

$P = 5000 (1.03)^{y}$

A.

$P = 5000 (1.03)^{12 m}$

B.

$P = 5000 (1.03)^{m /12}$

C.

$P = 5000 (1.03/12)^{m}$

D.

$P = 5000 (1.03)^{m - 12}$