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SAT Math Practice Question #32087 - SATify | SATify

#32087

algebra

modeling

word problem

percentage

exponential

functions

medium

60 sec

A town's population is currently 15,000 and is projected to increase by 3% each year. Which equation represents the town's population $P (t)$ after $t$ years?

A.

$P (t) = 15000 (0.03)^{t}$

B.

$P (t) = 15000 (0.97)^{t}$

C.

$P (t) = 15000 (1.03)^{t}$

D.

$P (t) = 15000 + 0.03 t$