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25 November, 01:55

A country's population in 1992 was 50 million. In 2002 it was 53 million. Estimate the population in 2010 using the exponential growth formula. Round your answer to the nearest million. P = Aekt

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  1. 25 November, 02:17
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    First find the rate of growth

    A=pe^kt

    A 53

    P 50

    K unknown

    Time 2,002-1,992=10 years

    53=50*e^ (10k)

    Solve for k

    K = (log (53:50) : log (e)) : 10

    k=0.00583

    Now Estimate the population in 2010

    A=pe^kt

    A unknown

    P 50

    K 0.00583

    t 2,010-1,992=18 years

    A=50*e^ (0.00583*18)

    A=55.5 million
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