Brian L. answered 12/01/19
Board Certified Oncology Pharmacist and Pharmacotherapy Specialist
Let P(t) be the population in billions, as a function of time (in years)
Let Po be the population in 1973 = 44
The question tells you that the population is growing exponentially. Therefore, the equation to calculate the population after t years is:
P(t) = Poekt
In this equation, k is a rate constant. Let's solve for k with the information we have:
In 1998, the population was 88 billion. This is 25 years after 1973, when the initial population was 44 billion. Therefore, t = 25:
88 = 44ek(25)
Divide both sides by 44
2 = ek(25 year)
Take the natural logarithm (ln) of both sides
ln(2) = (25 year)k
k = (ln2)÷(25 year) = 0.0277 year-1
For the year 2047, t = 74 years. (2047 - 1973 = 74)
Let's solve for P:
P = 44e0.0277(74)
P ≈ 342 billion