Question
The size of the population of Belize is increasing at a rate of $2.3 \%$ per year. If $294,380$ people lived in Belize in $2007,$ find how many inhabitants there will be by $2015 .$ Round to the nearest thousand. Use $y=y_{0} e^{0.023 t} .$ (Source: $\mathrm{CIA} 2007$ World Factbook
Step 1
The problem states that the population in 2007 was 294,380 and we want to find the population in 2015. Therefore, the time frame is 2015 - 2007 = 8 years. So, $t = 8$. Show more…
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The size of the population of Belize is increasing at a rate of $2.3 %$ per year. If $294,380$ people lived in Belize in $2007,$ find how many inhabitants there will be by $2015 .$ Round to the nearest thousand. Use $y=y_{0} e^{0.023 t} .$ (Source: CIA 2007 World Factbook)
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