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8 August, 18:56

In 2007, the world's population reached 6.7 billion and was increasing at a rate of 1.2% per year. Assume that this growth rate remains constant. (In fact, the growth rate has decreased since 1987.)

(a) Write a formula for the world population as a function of the number of years since 2007. (Note: Use the general exponential function.)

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  1. 8 August, 20:30
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    Population growth rate is the rate in which the number of people increase in a given amount of time. The correct formula for the world population as a function is P=6.7 (1.012) ^t. P stands for the total world population. Small t is represented by the unit time period.
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