Math Problem Statement
Solution
The formula for population growth provided in the image is , where represents the population in millions, is the time in years after 2003, and the exponential growth factor is given by .
Part (a) asks: What is the country's growth rate?
In an exponential growth model of the form , the constant represents the growth rate. In this case, we can see that the exponent is , so .
To convert this growth rate into a percentage:
Thus, the country's growth rate is 0.1% per year.
Would you like more details on this, or any further explanation?
Here are 5 related questions to expand on this:
- How do you calculate the time for the population to double using the growth rate?
- What is the formula for exponential population growth, and how is it derived?
- If the growth rate were to increase to 0.2%, how would that affect the doubling time?
- How does the natural logarithm function relate to population growth calculations?
- What is the difference between continuous and discrete growth models?
Tip:
To find the time it takes for a population to double, you can use the formula , where is the growth rate.
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Math Problem Analysis
Mathematical Concepts
Exponential Growth
Population Growth Rate
Formulas
Exponential growth formula A = A_0 * e^(kt)
Doubling time formula t = ln(2)/k
Theorems
Exponential Growth Theorem
Suitable Grade Level
Grades 10-12
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