Growth of population

Question

A = 731,093 ; p= 525,600 r= 3% per year

Answer 1

I am going to assume that you need to find the time needed fo the growth indicatde:

 

A = pe^rt is the standard exponential growth function

 

731093 = 525600e^(.03)t  and solve for t

 

1.391 = e^(.03t)  Take the natural log of both sides

 

.33 = .03t

 

t = 11 years