Question #10789

If the population in a region is around 117 million people now and if the population grows continuously at a relative growth rate of 1.45%, what will the population be in 7 years? Compute the answer to three significant digits.

Expert's answer

we use exponential model n(t)=n(0)*e^(0.0145*t)

so

n(7)=117*e^(0.0145*7)=129.499 million people

so

n(7)=117*e^(0.0145*7)=129.499 million people

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