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    The solution to Population Growth

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    Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2009. Show how each of your approximations were made by including your calculations. Write a paragraph about how you might use this information in a role as a politician, government administrator or business owner/operator. What will it mean to the country, its economy, resources or the business?

    Example:

    Example: The population of India in 2005 was 1,080,264,388. The growth rate is 1.4%. To solve this problem, the percent must first be converted to its decimal equivalent.

    In 2006, the approximate population is 1,095,388,089.
    In 2007, approximate population is 1,110,723,523.
    In 2008, approximate population is 1,126,273,652.
    In 2009, approximate population is 1,142,041,483.

    Reference:
    World factbook: India people. Retrieved April 26, 2007, from http://education.yahoo.com/reference/factbook/in/popula.html

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    Solution Preview

    The population of Iceland in 2005 was 296,737. The growth rate is 0.91%. To solve this problem, the percent must first be converted to its decimal equivalent.

    0.91% = 0.0091

    Let's get the 2006 population, rounding to the nearest person:
    P = 296737*(1+0.0091)
    P = ...

    $2.19

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