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Exponential Functions - Population Growth

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Nyobia had a population of 3 million in 1985. Assume that this country's population is growing continuously at a 5% annual rate and that Nyobia absorbs 40000 newcomers every year. What will its population be in the year 2015?

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Solution Summary

Neat and detailed solution is provided. The exponential functions for population growth are determined.

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Year Ending Population (in millions)
0 (1985) 3
1 3e0.05 + ...

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