The population of a country was 147 million in 1987 and the continuous exponential growth rate was estimated at 2.5% per year. Assuming that the population of the country continues to follow an exponential growth model, find the projected population in 2014. Round your answer to 1 decimal place. The approximate population in 2014 is million people

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.2: Applications Of Exponential Functions
Problem 41E
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The population of a country was 147 million in 1987 and the continuous exponential growth rate was
estimated at 2.5% per year. AsSsuming that the population of the country continues to follow an exponential
growth model, find the projected population in 2014. Round your answer to 1 decimal place.
The approximate population in 2014 is
million people
Transcribed Image Text:The population of a country was 147 million in 1987 and the continuous exponential growth rate was estimated at 2.5% per year. AsSsuming that the population of the country continues to follow an exponential growth model, find the projected population in 2014. Round your answer to 1 decimal place. The approximate population in 2014 is million people
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