
Jeremiah T. answered 06/17/20
Award Winning Tutor for Algebra and Precalculus
This is an exponential growth problem. Here's how to set it up. Remember that the formula for exponential growth is y = a(1 + r)x, where y is the population, a is the starting population, r is the growth rate we want to find, and x is the number of years.
158,000,000 = 122,000,000 * (1 + r)12
1.29508197 = (1 + r)12
Now we want to undo the exponent on the right side, that is, make the exponent 1. To do so, multiply both sides by the reciprocal of the exponent, which is 1/12.
1.295081971/12 = 1 + r
Using my TI-84 graphing calculator:
1.021781664 = 1 + r
Therefore the continuous growth rate is 0.021781664 per year.
Now that we know what r is, we can find out when it will reach 250 million:
250,000,000 = 122,000,000 * 1.021781664x
2.04918 = 1.021781664x
To solve for the exponent, take the natural logarithm of both sides:
ln(2.04918) = x * ln(1.021781664)
33.295 = x
So Brazil's population will reach 250 million 33.295 years after 1980, or in the year 2013.