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Suppose the population of a town was 40,000 on January 1, 2010 and was 50,000 on...

Suppose the population of a town was 40,000 on January 1, 2010 and was 50,000 on January 1, 2015. Let P(t) be the population of the town in thousands of people t years after January 1, 2010.

Build an exponential model (in the form P(t) = a bt ) that relates P(t) and t. Round the value of b to 5 significant figures.

a = ?

b = ?

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