The GDP of Florida¹ is 1059 billion dollars with a growth rate² of 2.9%. Write an equation that can be used to estimate the size of Florida's economy in a future year, assuming the same relative yearly growth rate. Let $\displaystyle {g}$ be the state's GDP in billions of dollars in $\displaystyle {t}$ years from now.

1. The equation is: Preview Question 6 Part 1 of 3  
2. The equation is in the Select an answer linear quadratic exponential family
3. Use the equation to determine Florida's GDP in 10 years from now? Round to the nearest billion dollars.
   billions

Sources: 1, 2