The exponential growth is 1.95% and after 35.72 years the population will double.
It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent [tex]\rm y = a^x[/tex]
where a is a constant and a>1
Let's suppose the exponential growth function is:
[tex]\rm y = Ae^{rt}[/tex]
A = 163,000
y = 1,686,000
t = 2020 – 1900 = 120 years
Plug all the values in the function:
[tex]\rm 1686000 = 163000e^{120r}[/tex]
[tex]\rm e^{120r} = 10.343[/tex]
Taking ln both side and solving:
r = 0.0194
r = 1.946 ≈ 1.95%
[tex]\rm 2A = Ae^{0.0194t}[/tex] (the population to double)
After solving:
t = 35.72 years
Thus, the exponential growth is 1.95% and after 35.72 years the population will double.
Learn more about the exponential function here:
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