Math Problem Statement
This exercise uses the exponential growth model.
The population of a country has a relative growth rate of 2% per year. The government is trying to reduce the growth rate to 1%. The population in 2011 was approximately 100 million. Find the projected population (in million people) for the year 2035 for the following conditions. (Round your answers to the nearest million.)
(a)
The relative growth rate remains at 2% per year.
million people
(b)
The relative growth rate is reduced to 1% per year.
million people
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Exponential Growth
Population Modeling
Formulas
P(t) = P0 * e^(rt)
Theorems
Exponential Growth Model
Suitable Grade Level
Grades 10-12
Related Recommendation
Population Estimation Using Exponential Growth Model for 2027
Population Growth Projection for 15 Years with a 2.2% Growth Rate
Calculate Projected Population with Continuous Exponential Growth (1980-1997)
Estimating Population Growth Rate Using Exponential Model
Exponential Growth: Population Prediction for 2020 and 2030