Answer: 12495

Step-by-step explanation:

Given: The population of a town in 2015 = 8914

The growth rate of population per year = 1.36%

The exponential growth function is given by:_

y=A(1+r)^x, where A is the initial amount and r is the rate of growth of amount in x years.

Consider 2015 as the initial year, then for 2040, x=25   [2040-2015]



Now, At this rate,  the population in 2040 will be given by :-

y=8914(1+0.0136)^{25}\\Rightarrow  y=8914(1.0136)^{25}\\Rightarrow  y=12495.0407445approx12495