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A country population in 1993 was 94 million. In 1999 it was 99 million. Estimate the population in 2005 using the expoetential growth formula. Round your answer to the nearest million

1 Answer

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First find the rate of growth
The formula is
P=Ae^rt
P 99 million
A 94 million
E constant
R rate of growth?
T time 1,999−1,993=6 years
Solve the formula for r
R=[log (p/A)÷log (e)]÷t
R=(log(99÷93)÷log(e))÷6
R=0.01

the population in 2005
P=Ae^rt
T time 2,005−1,993=12 years
P=93×e^(0.01×12)
P=105 million
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