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.
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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.
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Follows exponential growth model:
A = Pe^(kt)
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So, your function is:
f(t) = 37e^(.05t)
Where t is the number of years after 1998
