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A countries population in 1991 was 147 million. In 1998 it was 153 million. Estimate the population in 2017 using the exponential growth formula round your answer to the nearest million. P=Ae^kt

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Answer:

The population in 2017 is 171 million

Explanation:

Let's assume population starts from 1991

so,

initial population is 147 million

so,
A=147

we can use formula


P=Ae^(kt)

we can plug A=147


P=147e^(kt)

In 1998:

t=1998-1991=7


P=153

now, we can plug these values into formula and find k


153=147e^(7k)

Divide both sides by 147


(147e^(7k))/(147)=(153)/(147)


e^(7k)=(51)/(49)


\ln \left(e^(7k)\right)=\ln \left((51)/(49)\right)


k=(\ln \left((51)/(49)\right))/(7)


k=0.00572

now, we can plug it back

and we get


P=147e^(0.00572t)

In 2017:

t=2017-1991=26

we can plug it and find P


P=147e^(0.00572* 26)


P=170.57

So,

The population in 2017 is 171 million

User John Robins
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