Question
If the world population is about 6.5 billion people now and if the population grows continuously at a relative growth rate of $1.14 \%,$ what will the population be in 10 years? Compute the answer to two significant digits.
Step 1
Step 1: First, we need to understand the growth model formula which is given by $A = A_0 \times e^{kt}$, where $A$ is the final population, $A_0$ is the initial population, $k$ is the growth rate, and $t$ is the time. Show more…
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