SOLUTION: In 2010, the population of a country was 72 million and growing at a rate of 1.8% per year. Assuming the percentage growth rate remains constant, express the population, P, in mill

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Question 862105: In 2010, the population of a country was 72 million and growing at a rate of 1.8% per year. Assuming the percentage growth rate remains constant, express the population, P, in millions, as a function of t, the number of years after 2010.
P=f(t)=

Answer by josgarithmetic(39630)   (Show Source): You can put this solution on YOUR website!
Continuous exponential growth, . This is just a more specific form of , where r is the percentage growth rate as decimal and x is time for value P, and I is initial value.
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