Answer :
this would be an example of exponential growth.
The formula for this is total = starting number x (1+ growth rate)^time
using the information in the problem you would have:
y = 270,000 *(1.029)^x
The formula for this is total = starting number x (1+ growth rate)^time
using the information in the problem you would have:
y = 270,000 *(1.029)^x