SOLUTION: In 1984, the population of the world was about 4.8 billion and the yearly growth rate was 2%. The equation giving the population P in terms of the time t (in years) is P = 4.8e0.0

Algebra.Com
Question 80577: In 1984, the population of the world was about 4.8 billion and the yearly growth rate was 2%. The equation giving the population P in terms of the time t (in years) is P = 4.8e0.02t. Estimate the population in 2007. (If 1984 is t = 0, then 2007 is t = 23.) When will the population be 10 billion? How many years will it take for the population to double?
Answer: The population in 2007 will be billion. The populaton will be 10 billion in the year . (Round the year off.) It will take years for the population to double. (Round up to the nearest whole number for years.)

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
In 1984, the population of the world was about 4.8 billion and the yearly growth rate was 2%. The equation giving the population P in terms of the time t (in years) is P = 4.8e0.02t. Estimate the population in 2007. (If 1984 is t = 0, then 2007 is t = 23.) When will the population be 10 billion? How many years will it take for the population to double?
Answer: The population in 2007 will be billion. The populaton will be 10 billion in the year . (Round the year off.) It will take years for the population to double. (Round up to the nearest whole number for years.)
-------------------
Your equation is wrong.
The equation is P(t)=4.8(1.02)^t where t is the # of years after 1984.
If the growth rate is 2% the population
after 23 years is P(23)=4.8(1.02)^23=7.57 billion
----------
When will it reach 10 billion?
10 = 4.8(1.02)^t
2.0833333.. = 1.02^t
t= [ln2.08333...]/ln(1.02]
t=37.06 years
or 1984 +37 = 2021
-------------
When will it double; ie when will it be 9.6 billion
9.6=4.8(1.02)^t
2=(1.02)^t
t=ln2 / ln1.02 = 35 years
1984=35 = 2019
=========
Cheers,
Stan H.

RELATED QUESTIONS

The population of the world in 1987 was about 5 billion, and the relative growth rate was (answered by josgarithmetic)
In 2008,the world population was 6.7 billion and the exponential growth rate was 1.14%... (answered by stanbon)
The population of the world in 1995 was 5.7 billion people. The observed population... (answered by stanbon)
The population of the world in 1987 was 5 billion and the growth rate was estimated at 7... (answered by josgarithmetic)
World Population was 6.7 billion and the exponential growth rate was 1.14% per year.... (answered by stanbon)
in 2000, the population of the united states was 286.75 million and the exponential... (answered by nerdybill)
The population of the United States in 1994 was about 260 million, and the population was (answered by stanbon)
The population of the world in 1995 was 5.7 billion people. The observes population... (answered by scott8148)
Scientists use models to project population in the future. While these models have... (answered by greenestamps)