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ratelena [41]
3 years ago
11

The population of a country has a relative growth rate of 3% per year. The government is trying to reduce the growth rate to 2%.

The population in 2011 was approximately 110 million. Find the projected population for the year 2037 for the following conditions. (Round your answers to the nearest whole number.)
Business
1 answer:
Murrr4er [49]3 years ago
8 0

Answer:

185,023,041

Explanation:

Given,

The original population of the country, P = 110 million,

Growth rate, r = 2% = 0.02,

Number of years from 2011 to 2037,

Time, t = 26 years,

Hence, the projected population would be,

A=Pe^{rt}

=110e^{0.02\times 26}

=110 e^{0.52}

=185.023041467\text{ million }

=185023041.467

\approx 185023041

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