a countrys population in 1991 was 114 million in 1997 it was 120 million. estimate the population in 2014 using the exponential growth formula.

1 answer

Let t be the number of years since 1991. Then we have

P(t) = 114 * (120/114)^(t/(1997-1991)
= 114 * 1.05263^(t/6)

Now find P(2014-1991) = P(23)