Question

The population of a country grows exponentially at a rate of 1% per year. If the population was 35.7 million in the year 2010, then what is the population size of this country in the year 2015

Answer 1

Answer:

37.52 million

Step-by-step explanation:

using,

A = A'(1+R/100)ⁿ............................. equation 1

Where A = population size in 2015, A' = Initial population, R = rate in percentage, n = number of times between 2010 and 2015.

Given: A' =35.7 million, R = 1%, n = 5.

Substitute these values into equation 1

A = 35.7(1+0.01)⁵

A = 37.52 million.

Hence the size of the population of the country in the year 2015 is 37.52 million