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the world population in 2000 was approximately 6.08 billion. the annual rate of increas was about 1.26%. if this rate of increase continues, what will be the approximate world population in 2050
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Exponential growth problem. The formula is\[P(t)=P_0 e^{kt}\]From the story,\[P_0=6.08;~~t=50\]Break out your calculator and figure it out.
Also given in the story was\[k=0.0126\]
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