population of a country was approximater million. Use the exponential growth model A = Aet, in which t is th millions, to find an exponential growth function that models the data By which year will the population be 11 million? exponential growth function that models the data is A = ify your answer. Use integers or decimals for any numbers in the ex country's population will be 11 million in the year

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter12: Corporate Valuation And Financial Planning
Section12.6: Additional Funds Needed (afn) Equation Method
Problem 5ST
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a.
In​ 2000, the population of a country was approximately
5.76
million and by
2050
it is projected to grow to
10
million. Use the exponential growth model
A=A0ekt​,
in which t is the number of years after 2000 and
A0
is in​ millions, to find an exponential growth function that models the data.
 
b.
By which year will the population be
11 million?
a.
b.
In 2000, the population of a country was approximately 5.76 million and by 2050 it is projected to grow to 10
million. Use the exponential growth model A = Agekt, in which t is the number of years after 2000 and A is in
millions, to find an exponential growth function that models the data.
By which year will the population be 11 million?
Population (millions)
b. The country's population will be 11 million in the year
(Round to the nearest year as needed.)
9-
a. The exponential growth function that models the data is A =
(Simplify your answer. Use integers or decimals for any numbers in the expression. Round to two decimal places as needed.)
2000:
5,760,000
Projected
0-
1950 1970 1990 2010 2030 2050
Year
Q
Transcribed Image Text:a. b. In 2000, the population of a country was approximately 5.76 million and by 2050 it is projected to grow to 10 million. Use the exponential growth model A = Agekt, in which t is the number of years after 2000 and A is in millions, to find an exponential growth function that models the data. By which year will the population be 11 million? Population (millions) b. The country's population will be 11 million in the year (Round to the nearest year as needed.) 9- a. The exponential growth function that models the data is A = (Simplify your answer. Use integers or decimals for any numbers in the expression. Round to two decimal places as needed.) 2000: 5,760,000 Projected 0- 1950 1970 1990 2010 2030 2050 Year Q
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