The population of the city of Peachwood is currently 12,000 and
increases every year at a rate of 5%. The function that describes the
model is g(f) = 12000 1.05* Which of the following choices would
be the number of people in the city after 1 year?
A.$12,000
B. $12,600
C.$14,100
D.None of the choices are correct.