According to the U.S. Census Bureau, the population of the United States in 2008 was 304 million people. In addition, the population of the United States was growing at a rate of 1.1% per year. Assuming this growth rate continues, the model 2008 P(t) = 304 (1.011) 2 represents the population P (in millions of people) in year t. According to the model, when will the population be 313 million people? Be sure to round your answer to the nearest whole year. Year

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 63SE: In the year 1985, a house was valued at 110,000. Bythe year 2005, the value hadappreciated to...
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According to the U.S. Census Bureau, the population of the United States in 2008 was 304 million people. In
addition, the population of the United States was growing at a rate of 1.1% per year. Assuming this growth
rate continues, the model
2008
P(t) = 304 (1.011) 2
represents the population P (in millions of people) in year t.
According to the model, when will the population be 313 million people? Be sure to round your answer to
the nearest whole year.
Year
Transcribed Image Text:According to the U.S. Census Bureau, the population of the United States in 2008 was 304 million people. In addition, the population of the United States was growing at a rate of 1.1% per year. Assuming this growth rate continues, the model 2008 P(t) = 304 (1.011) 2 represents the population P (in millions of people) in year t. According to the model, when will the population be 313 million people? Be sure to round your answer to the nearest whole year. Year
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