In 1990, Jamaica's population of 2,466,000 was expected to grow exponentially by 1.1% each ye What would you expect the population to be in 2010? O 7.03 x 1015 O 8.75 x 1015 O 3,069,136 O 16,590,015

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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**Population Growth Exercise**

*In 1990, Jamaica's population of 2,466,000 was expected to grow exponentially by 1.1% each year. What would you expect the population to be in 2010?*

Please select one of the following options:

- ⃝ \( 7.03 \times 10^{15} \)
- ⃝ \( 8.75 \times 10^{15} \)
- ⃝ 3,069,136
- ⃝ 16,590,015

This exercise tests your understanding of exponential growth and your ability to apply it to a real-world scenario. To solve this problem, you will need to use the formula for exponential growth:

\[ P(t) = P_0 \times (1 + r)^t \]

where:

- \( P(t) \) is the population at time \( t \),
- \( P_0 \) is the initial population,
- \( r \) is the growth rate,
- \( t \) is the number of years.

Using this formula, you can determine the expected population of Jamaica in 2010, twenty years after 1990.
Transcribed Image Text:**Population Growth Exercise** *In 1990, Jamaica's population of 2,466,000 was expected to grow exponentially by 1.1% each year. What would you expect the population to be in 2010?* Please select one of the following options: - ⃝ \( 7.03 \times 10^{15} \) - ⃝ \( 8.75 \times 10^{15} \) - ⃝ 3,069,136 - ⃝ 16,590,015 This exercise tests your understanding of exponential growth and your ability to apply it to a real-world scenario. To solve this problem, you will need to use the formula for exponential growth: \[ P(t) = P_0 \times (1 + r)^t \] where: - \( P(t) \) is the population at time \( t \), - \( P_0 \) is the initial population, - \( r \) is the growth rate, - \( t \) is the number of years. Using this formula, you can determine the expected population of Jamaica in 2010, twenty years after 1990.
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