The population of a certain country is known to increase at a rate proportional to the number of people presently living in the country. If after two years the population has doubled, and after three years the population is 20,000, find an expression for the approximate population of the country at any time and estimate the number of people initially living in the country.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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The population of a certain country is known to increase at a rate proportional to the number of people presently living in the country. If after two years the population has doubled, and after three years the population is 20,000, find an expression for the approximate population of the country at any time and estimate the number of people initially living in the country.

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