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The population of the world in 1987 was 5 billion and the growth rate was estimated at 2 percent per year. Assume that the population

The population of the world in 1987 was 5 billion and the growth rate was estimated at 2 percent per year. Assume that the population follows an exponential growth model of the formA=A0(1+r)t. Find the projected world population in 1994. Give your answer in terms of billions of people.

Your answer is ______________billion

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