Question

a country's population in 1992 was 103 million. In 1997 it was 108 million. Estimate the population in 2004 using the exponential growth formula.

Answer 1

I got 115.41 million

Answer 2

Using the formula: y=ka to the power of x
108= 103 x a to the power of 5
1.05=a to the power of 5
a=1.0095
Now we know the multiplayer so
Y=103x1.0095 to the power of 12
Y=115.41

(I'm not sure if that's right)