The population of the world in 1987 was 5 billion and the continuous relative growth rate was estimated at 2 percent per year. Assuming that the world population follows an exponential growth model, find the projected world population in 1995. Round your answer to 2 decimal places. Your answer is billion реople

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
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The population of the world in 1987 was 5 billion and the
continuous relative growth rate was estimated at 2 percent
per year. Assuming that the world population follows an
exponential growth model, find the projected world
population in 1995. Round your answer to 2 decimal places.
Your answer is
billion
реople
Transcribed Image Text:The population of the world in 1987 was 5 billion and the continuous relative growth rate was estimated at 2 percent per year. Assuming that the world population follows an exponential growth model, find the projected world population in 1995. Round your answer to 2 decimal places. Your answer is billion реople
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