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In 2006 the population of the country was 30.3 million. This represented an increase in population of 4.7% since 2001 . What was the population of the country in 2001

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Answer:

The population in 2001 was = 23.95 millions

Explanation:

Given

Population in 2006 = 30.3 million

Rate of growth since 2001 = 4.7%

To find the population in 2001.

Solution:

The population growth formula is give as:


P=P_0* e^(rt)


P\rightarrow New population


P_o\rightarrow Initial population


r\rightarrow rate of growth


t\rightarrow time

Data given to us:

New population
P (2006) = 30.3 million

Rate = 4.7% = 0.047

Time =
2006-2001= 5 years

Plugging in the data in the formula.


30.3=P_0* e^(0.047* 5)


30.3=P_0* e^(0.235)


30.3=P_0* 1.265

Dividing both sides by 1.265


(30.3)/(1.265)=(P_0* 1.265)/(1.265)


23.95=P_o


P_o=23.95

Thus, population in 2001 was = 23.95 millions

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