# In 1950 the world’s population was approximately 2.56 billion and was growing at a rate of about 1.47% Assume the growth rate continues. How do you write an exponential equation that models the world’s population, P for n years after 1950?

##### 1 Answer

Aug 8, 2016

#### Explanation:

Population growth is calculated in the same way as compound interest.

The starting year does does matter, it is the number of years after that which is used as