Respuesta :
Population of the state will reach 40,000,000 in 21 years from year 2005.
Option (3) will be the correct option.
Exponential growth of the poulation:
- Exponential growth for the population growth is given by the expression,
F = I(1 + r)ⁿ
Here, F = Final population
I = Initial population
r = Growth rate
n = Number of years for population growth
Given in the question,
- Initial population = 31006000
- Growth rate = 1.2%
- Final population = 40000000
To find the number of years for population growth, substitute the values,
F = I(1 + r)ⁿ
40000000 = 31006000(1 + 0.012)ⁿ
40000 = 31006(1.012)ⁿ
[tex](1.012)^n=\frac{40000}{31006}[/tex]
[tex]\text{log}(1.012)^n=\text{log}(1.29)[/tex]
nlog(1.012) = log(1.29)
0.00518n = 0.11059
n = [tex]\frac{0.11059}{0.00518}[/tex]
n = 21.34
n ≈ 21 years
Therefore, population of the state will reach 40,000,000 in 21 years from 2005. Option (3) will be the answer.
Learn more about the exponential degrowth here,
https://brainly.com/question/25704728?referrer=searchResults