In thousands, the population can be modeled by
P = 80*1.04^(t-2003)
where t is the year number
Finding answers to the questions can be done graphically.
a) In 2015, the population will be about 128,083.
b) The population will be 240,000 in 2031.
_____
a) p = 80,000*1.04^12
b) t = 2003+log(3)/log(1.04)