Question
In 2012, the population of a city was 5.66 million. The exponential growth rate was 1.94% per year. a) Find the exponential growth function.
In 2012, the population of a city was 5.66 million. The exponential growth rate was 1.94% per year. a) Find the exponential growth function. b) Estimate the population of the city in 2018. c) When will the population of the city be 9 million? d) Find the doubling time.
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a To find the exponential growth function we use the formula for exponential growth Pt P0 ert where ...Get Instant Access to Expert-Tailored Solutions
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
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