Question

For a period of time, an island’s population grows at a rate proportional to its population. If the growth rate is 4.5% per year and the current population is 1500, what will the population be 6 years from now

Answer 1

The population of the island with growth rate of 4.5% per year and the current population is 1500 is 1953 after 6 years.

How to solve an exponential function

Let y represent the population after x years.

Given that the growth rate is 4.5% per year and the current population is 1500.

Hence a = 1500, b = 100% + 4.5% = 104.5% = 1.045

y = 1500(1.045)ˣ

After 6 years:

y = 1500(1.045)⁶ = 1953

The population of the island with growth rate of 4.5% per year and the current population is 1500 is 1953 after 6 years.

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