Explanation:
284.8 = 282.2 ( b)^1 1 is the number of years....looking for 'b'
284.8 / 282.2 = b = ~ 1.009
P(t) = 282.2 ( 1.009)^t where P(t) is in millions and :
The variable t represents the number of years since July of 2000. Round your value of b to the nearest thousandth.