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 t- 2008 P(t) (1.011)* = 304 - represents the population P (in millions of people) in year t.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 442RE: Jerome invests $18,000 at age 17. He hopes the investments will be worth $30,000 when he turns 26....
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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
t -2008
P(t)
= 304 (1.011)
represents the population P (in millions of people) in year t.
According to the model, when will the population be 369 million people? Be sure to round your answer to
the nearest whole year.
Year
> Next Question
hp
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 t -2008 P(t) = 304 (1.011) represents the population P (in millions of people) in year t. According to the model, when will the population be 369 million people? Be sure to round your answer to the nearest whole year. Year > Next Question hp
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