Question

in 2000 the world's population was 6.08 billion and was increasing at a rate of 1.21% each year write a function for world population does the function represent growth or decay

Answer 1

This is a growth exponential problem.

The equation that models the scenario is y = 6.08(1.0121)^t, where t is the number of years since 2000 and y represents the population.