In 1998 the population of a given country was 37 million and
In 1998, the population of a given country was 37 million, and the exponential growth rate was 5% per year. Find the exponential growth function.
Solution
Follows exponential growth model:
A = Pe^(kt)
.
So, your function is:
f(t) = 37e^(.05t)
Where t is the number of years after 1998
