Find an equation of the horizontal line passing through the point (5, -2).
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<h2>In the year 2000, population will be 3,762,979 approximately. Population will double by the year 2033.</h2>
Step-by-step explanation:
Given that the population grows every year at the same rate( 1.8% ), we can model the population similar to a compound Interest problem.
From 1994, every subsequent year the new population is obtained by multiplying the previous years' population by =
.
So, the population in the year t can be given by
Population in the year 2000 = =
Population in year 2000 = 3,762,979
Let us assume population doubles by year .
≈
∴ By 2033, the population doubles.
