The population of the world in 1987 was approximately 5 billion and the annual growth rate was estimated at 2 percent. If the world population followed an exponential growth model, find the projected world population in 2015. Round your answer to the nearest tenth of a billion.

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
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The population of the world in 1987 was approximately 5 billion and the annual growth rate was estimated at 2 percent. If the world population followed an exponential growth model, find the projected world population in 2015. Round your answer to the nearest tenth of a billion.

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