A country's population in 1995 was 164 million. In 2001 it was 169 million. How do you estimate the population in 2015 using exponential growth formula?
1 Answer
Dec 23, 2017
Explanation:
The difference in years from 1995 to 2001 is 6 years
The change in population count in millions was 164 to 169
Let the unknown growth percentage be
Taking logs
Set
Thus
~~~~~~~~~~~~~~~~~~~~~~~~
Time span from
Thus population estimate at 2015 is: