SOLUTION: A country's population in 1992 was 72 million. In 1998 it was 76 million. Estimate the population in 2012 using the exponential growth formula. Round your answer to the nearest mil

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Question 1023073: A country's population in 1992 was 72 million. In 1998 it was 76 million. Estimate the population in 2012 using the exponential growth formula. Round your answer to the nearest million.
P=Ae^kt

Answer by josgarithmetic(39620)   (Show Source): You can put this solution on YOUR website!
You want to show it in pure text as P=Ae^(kt) and when rendered, .

Let t be number of years after 1992. This means that 1998 uses t=6. Also, year 2012 is t=10. A=72 for 72 million people at t=0.






--------compute this for the value of k.


Now your model is ; just let t=10 and evaluate P.

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