shae6rtowaher shae6rtowaher
  • 06-04-2017
  • Business
contestada

The population of the world in 1987 was 5 billion and the relative growth rate was estimated at 2 percent per year. assuming that the world population follows an exponential growth model, find the projected world population in 1995. round your answer to 2 decimal places.

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saraswartzentru
saraswartzentru saraswartzentru
  • 07-04-2017
A = Pe^(rt) 
A = 5e^(0.02)(8) = 5.87 billion 
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