Due to an increasing population, developed land in a region is increasing at a rate of 12% per year. If there are currently 8,500 square miles of developed land, which equation models the square mileage of developed land, y, after x years?

Question
Answer:
I would assume the following is correct:

y =  (Area of developed land) = (8500 square miles) (1+0.12)^(x)
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general 10 months ago 2362