The population of the world in 1987 was 5 billion and the continuous growth rate was estimated at 1.9% peryear.Assuming that the world population follows a continuous exponential growth model, find the projected worldpopulation in 2008.billion peopleRound your answer to 2 decimal places.

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Answered: The population of the world in 1987 was…

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 the world in 1987 was 5 billion and the continuous growth rate was estimated at 1.9% per year. Assuming that the world population follows a continuous exponential growth model, find the projected world population in 2008. billion people Round your answer to 2 decimal places.