document.write( "Question 1198712: In​ 2012, the population of a city was 6.97 million. The exponential growth rate was ​3.87% per year.
\n" ); document.write( "​a) Find the exponential growth function.
\n" ); document.write( "​b) Estimate the population of the city in 2018.
\n" ); document.write( "​c) When will the population of the city be 10 million?
\n" ); document.write( "​d) Find the doubling time.
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Algebra.Com's Answer #832338 by Shin123(626)\"\" \"About 
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a) If the city grows at 3.87% per year, that is equivalent to multiplying by 1.0387. Therefore, the equation is \"P=6970000%2A1.0387%5Et\", where \"P\" is the population, and \"t\" is the number of years after 2012.
\n" ); document.write( "b) 2018 is 6 years after 2012, so we would have \"t=6\". Plugging this into our equation, we get \"P=6970000%2A1.0387%5E6\". We can simply plug this into a calculator to get \"P=highlight%288753335%29\".
\n" ); document.write( "c) Since \"P\" is the population, we can plug in 10 million for \"P\" and solve for \"t\".
\n" ); document.write( "We have the equation \"10000000=6970000%2A1.0387%5Et\". Dividing both sides by \"6970000\", we get \"1.0387%5Et=1.43472023\". Taking the natural log of both sides, we get \"ln%281.0387%5Et%29=ln%281.43472023%29\". Using logarithm rules to take the exponent out, we get \"t%2Aln%281.0387%29=ln%281.43472023%29\". Dividing both sides by \"ln%281.0387%29\", we get \"t=ln%281.43472023%29%2Fln%281.0387%29\". Plugging this into a calculator, we get \"t=9.50672957\". Since \"t\" is the number of years after 2012, the population will be 10 million in 2021.
\n" ); document.write( "d) To find the doubling time, we can solve the equation \"1.0387%5Et=2\", since \"1.0387%5Et\" is how much the population is growing. We can take the natural log of both sides to get \"ln%281.0387%5Et%29=ln%282%29\". We can use logarithm rules to take out the exponent, which will give \"t%2Aln%281.0387%29=ln%282%29\". We can divide both sides by \"ln%281.0387%29\" to get \"t=ln%282%29%2Fln%281.0387%29\". Finally, we can plug this into a calculator to get \"t=highlight%2818.25516027%29\".
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