The population of the world was 5.2 billion in 1990. The exponential growth rate was per year at that time:
(a) Find the exponential growth function. (b) Find the population of the world in 2000. (c) In which year was the world population 8 billion?
Exponential growth is used to model populations that increase by a fixed percentage over regular time intervals. The general formula is , where is the initial population, is the growth rate as a decimal, and is the time elapsed.
To find the exponential growth function, we first identify the initial population () and the growth rate ().
The growth factor is calculated as . Substituting these values into the general formula , we get:
We need to find the population in the year 2000. First, calculate the number of years () since 1990:
Now, substitute into our growth function:
We are given that the population billion and we need to solve for :
First, isolate the exponential term by dividing both sides by 5.2:
To solve for the exponent , we take the logarithm of both sides:
Now, solve for :
To find the specific year, add this value to the starting year (1990):
So, the world population reached 8 billion during the year 2017.