Explanation:
To solve this problem, we'll use the exponential growth formula:
P(t) = P0 * e^(rt)
Where P(t) is the population after t years, P0 is the initial population (1543), r is the growth rate (0.038), and t is the number of years (5.2).
P(5.2) = 1543 * e^(0.038 * 5.2)
Using a calculator or natural logarithm rules:
P(5.2) = 1543 * e^0.199
P(5.2) = 1543 * 1.22
P(5.2) = 1887.46
So the population will be approximately 1887.46 after 5.2 years.