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In 2014 the population of Kenya was estimated to be 45,121,040 with a growth rate of 2.7%. Question 1 Use the exponential growth formula to write an equation that estimates the population y in terms of the time t. Enter your answer in the box. Then apply the exponential growth formula to estimate the population of Kenya in 2020. Round to the nearest whole number

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jasonsmith71

Answer:

y = 45,121,040×1.027^t

Step-by-step explanation:

An exponential growth equation is generally of the form ...

 value at time t = (initial value)(growth factor)^t

where the growth factor is the multiplier for a period equal to one time unit.

Here, the initial value (in 2014) is 45,121,040. The growth factor is given as 1.027 (2.7% added per year), and we can define t as the number of years after 2014. Then our equation is ...

 y = 45,121,040×1.027^t . . . . where t = years after 2014

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