The population of New York City.

Question

The population of New York City was approximately 3,437,000 in the year 1900. By the year 2000, its population grew to approximately 8,008,000. What was the average rate of change in the population per year from the year 1900 to the year 2000? Show your work.

Answer 1

8008000=3437000e^100r

8008/3437 = e^100r

100r = ln(8008/3437)

r =0.00846 = 0.846% annual growth rate