SOLUTION: In 1998, the population of a given country was 37 million, and the exponential growth rate was 5% per year. Find the exponential growth function.

Question 250928: In 1998, the population of a given country was 37 million, and the exponential growth rate was 5% per year. Find the exponential growth function.
Answer by nerdybill(7384) (Show Source): You can put this solution on YOUR website!
In 1998, the population of a given country was 37 million, and the exponential growth rate was 5% per year. Find the exponential growth function.
.
Follows exponential growth model:
A = Pe^(kt)
.
So, your function is:
f(t) = 37e^(.05t)
Where t is the number of years after 1998

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