Mathematics, 03.03.2021 02:30 MatteBlack5490

The world's population can be projected using the following exponential growth model.

N=Noekt

N = future value

No = present value

k = rate of increase

t = number of years over which growth is to be measured

At the start of the year 2022, the world's population will be
around 7.95 billion. The current growth rate is 1.08%.

Part A: What is the world's population expected to be in 2029?

A.) 10.87 billion
B.) 16.93 billion
C.) 8.66 billion
D.) 8.57 billion

Answers: 2

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