The total population of Colorado in 2010 was 5,029,000. The population has since been growing exponentially at a rate of 1.57% per year. *Round these answers to the nearest whole person a. Use this information to estimate the population of Colorado now (2021). b. Use this information to estimate the population of Colorado in 2036.
The total population of Colorado in 2010 was 5,029,000. The population has since been growing exponentially at a rate of 1.57% per year. *Round these answers to the nearest whole person a. Use this information to estimate the population of Colorado now (2021). b. Use this information to estimate the population of Colorado in 2036.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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The total population of Colorado in 2010 was 5,029,000. The population has since been growing exponentially at a rate of 1.57% per year. *Round these answers to the nearest whole person
a. Use this information to estimate the population of Colorado now (2021).
b. Use this information to estimate the population of Colorado in 2036.
Expert Solution
Step 1
Let the population of Colorado at time t is P(t), where t = 0 corresponds the year 2010.
The differential equation that represents the population model is:
; where r is the growth rate of the population. According to the given information:
and
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