The exponential growth model Describes the population in Korea, in thousand t years after 1992. Use the model to solve the ff:
What was the population of Korea in 1992?
By what % is the population of Korea increasing each year?
What will be the population of Korea in 2012?
When will the Korea’s population be 80, 000?

The population of a city in the year 1998 is 50, 000. If the rate growth is 4% what is the population in the year 2016?

A house is purchased for 500,000 pesos in 2018. The value of the house is given by the exponential growth model
Given A = 500, 000
e = 2.718
r = 0.645, find t when the house would be worth 2,000,000 pesos.
solve for t =?

High school seniors with strong academic records apply to the nation’s most selective colleges in greater numbers each year. because the number of slots remains relatively stable, some colleges reject more early applicants. suppose that for a recent admissions class, an ivy league college received 2851 applications for early admission. of this group, it admitted 1033 students early, rejected 854 outright, and deferred 964 to the regular admission pool for further consideration. in the past, this school has admitted 18% of the deferred early admission applicants during the regular admission process. counting the students admitted early and the students admitted during the regular admission process, the total class size was 2375. let e, r, and d represent the events that a student who applies for early admission is admitted early, rejected outright, or deferred to the regular admissions pool. suppose a student applies for early admission. what is the probability that the student will be admitted for early admission or be deferred and later admitted during the regular admission process?