Solution
The population growth rate formula is given as
Where P is the final population
Po= is the initial population
P is the final population
r is the rate
t is the time taken
If it has been calculated that the growth rate from 2012 to 2016 is 1.23% and from 2016 to 2020 is 0.20%
(c) From these two growth rates, it can be seen that 1.23% is greater than 0.20%, we can conclude that the growth rate from 2012 to 2016 is greater than the growth rate from 2016 to 2020
(d) If the current growth rate continues,, the time it will take for the population to reach 1.5million is as shown below:
This becomes
Answer Summary
(a) The growth rate from 2012 to 2016 is 1.23%
(b) The growth rate from 2016 to 2020 is 0.20%
(c) In comparison, the growth rate from 2012 to 2016 is greater than the growth rate from 2016 to 2020
(d) The time it will reach the 1.5 million if the current growth rate continues is 0.395years