The Population of Austin is growing at a rate of 5% per year. In 2010, the population was 500,000. What would be the predicted current population? Exponential growth or decay?: Write a function that represents the situation: - Initial amount: -Growth/Decay rate: - Use the equation from the previous question and predict what year Austin’s population will first meet 1,000,000. Exponential growth or decay?: Write a function that represents the situation: - Initial amount: -Growth/Decay rate: -