Question

A countrys population in 1995 was 173 million in 1997 it was 178 million estamate the population in 2005 using the expontial growth formula round your awser to the nearest million

Answer 1

Answer: the population in 2005 is

199393207

Step-by-step explanation:

The formula for exponential growth which is expressed as

A = P(1 + r/n)^ nt

Where

A represents the population after t years.

n represents the periodic interval at which growth is recorded.

t represents the number of years.

P represents the initial population.

r represents rate of growth.

From the information given,

P = 173 million

A = 178 million

t = 1997 - 1995 = 2 years

n = 1

Therefore

178 × 10^6 = 173 × 10^6(1 + r/1)^2 × 1

178 × 10^6/173 × 10^6 = (1 + r)^2

1.0289 = (1 + r)^2

Taking square root of both sides, it becomes

√1.0289 = √(1 + r)^2

1 + r = 1.0143

r = 1.0143 - 1 = 0.0143

Therefore, in 2005,

t = 2005 - 1995 = 10

A = 173 × 10^6(1 + 0.0143)^10

A = 173 × 10^6(1.0143)^10

A = 199393207