Answer: The population of the country will be 106 millions in 2014.
Explanation:
The exercise gives you the following exponential model, which describes the population "A" (in millions) of a country "t" years after 2003:
![A=104.8 e^(0.001 t)](https://img.qammunity.org/2020/formulas/mathematics/high-school/qthnncvo574kv3cvznfx2duo32uuc29et2.png)
In this case you must determine when the population of that country will be 106 millions, so you can identify that:
![A=106](https://img.qammunity.org/2020/formulas/mathematics/high-school/qdsd9eqs4fe5l2ywwir783739wvotrudgh.png)
Now you need to substitute this value into the exponential model given in the exercise:
Finally, you must solve for "t", but first it is important to remember the following Properties of logarithms:
![ln(a)^b=b*ln(a)\\\\ln(e)=1](https://img.qammunity.org/2020/formulas/mathematics/high-school/wh9d1escmkuj03d4jjl8lgyj7gjrhm7p42.png)
Then:
![(106)/(104.8)=e^(0.001 t)\\\\ln((106)/(104.8))=ln(e)^(0.001 t)\\\\ln((106)/(104.8))=0.001 t(1)\\\\(ln((106)/(104.8)))/(0.001)}=t\\\\t=11.38\\\\t\approx11](https://img.qammunity.org/2020/formulas/mathematics/high-school/p24dko5dn3lztqv3un1shbl1w5y6pmdnsz.png)
Notice that in 11 years the population will be 106 millions, then the year will be:
![2003+11=2014](https://img.qammunity.org/2020/formulas/mathematics/college/je32851cale4x9kw17zvhh4f47jift9wrh.png)
The population of the country will be 106 millions in 2014.