SOLUTION: The population of the world in 1987 was 5 billion and the growth rate was estimated at 7 percent per year. Assume that the population follows an exponential growth model of the for

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Question 729639: The population of the world in 1987 was 5 billion and the growth rate was estimated at 7 percent per year. Assume that the population follows an exponential growth model of the form . Find the projected world population in 1999. Give your answer in terms of billions of people.
Your answer is billion

Answer by josgarithmetic(39617)   (Show Source): You can put this solution on YOUR website!
One could use the simpler method, , where t is how many years beyond 1987.
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