the population of the world, as of august 12, 2000, was estimated by the U.S. Census bureau to be about 5.779 billion people and growing at a rate of 1.38%. a. what was the population on august 12, 1800? b. what should the population be today, april 15, 2011? c. when will the population be 6.5 billion?
does anyone know how to do this. i am soo confused
\[P _{t} =P _{0}(1+r)^{t}\] r = growth rate = .0138 For A) setup would be \[5.779=P _{0}(1.0138)^{200}\] solve for P
do you divide the side next to p to the 5.779
yes
where did the 200 come from
the number of years from 1800 to 2000
ok
do you know how to do the other 2
B) \[P _{t}=5.779(1.0138)^{10.67}\] 10.67 is aPPROXIMATELY NUM OF years since august 2000 C) \[6.5 = 5.779(1.0138)^{t}\] solve for t using logs
ok thanks
your welcome
Join our real-time social learning platform and learn together with your friends!