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23 January, 04:59

The population of a city is growing at an average rate of 3% per year in 1990 the population was 45 000.

Determine the year which the population will have doubled.

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  1. 23 January, 05:15
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    This is an exponential growth/decay problem ...

    F=Ir^t, F=final value, I=initial value, r=rate, t=time, in this case:

    F=I (1.03) ^t and they just want to know when F=2I so

    2=1.03^t take natural log of both sides ...

    ln2=t*ln1.03

    t=ln2 / (ln1.03)

    t≈23.45

    So it will take approximately 23.45 years for the population to double ...

    1990+23.45=2013.45

    So during the year of 2013 the population will have double from its 1990 level.
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