Sanjana T. answered 05/30/22
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The first thing we need to look at is the term exponential growth. The general formula for exponential growth will always be y = a(1+ x)t.
Part A : Let’s use the general formula for our situation.
y will be the total population after t years. a will represent the initial population, which is 23 people. t is time in years. Lastly, r is rate, which is calculated by first data point divided by second data point (for us 23/31=0.7419)
After filling in what we know, we have y= 23(1 + 0.7419)t.
Part B : We can figure out the population using the equation in part a and calculating the time passed in years by doing t = 2010-1990 = 20 years. Now we can solve.
y = 23 (1+ 0.7419)20
y = 23 (1.7419)20
y = 23 x 66,140.029
y = 1,521,220.6745 or 1,521,221 people
Part C : We will use the same equation from part A, but instead of being told the time, we are told the population.
100 = 23(1 + 0.7419)t
100/23= 23(1 + 0.7419)t/23
Now, we need to take the logarithm of both sides to take care of the exponent t.
log(100/23)= log((1 + 0.7419)t)
using the exponent rule of logs, we can move the t outside of the logarithm
log(100/23)= t log(1 + 0.7419)
t = log(100/23)/log(1 + 0.7419) = 2.648 years