Answer:
The population in 2003 was 234 million
Step-by-step explanation:
In order to calculate the population in 2003 we would have to use the The exponential growth formula as follows:
p(y)=ir^t
According to the given data:
p(y)=233 million
i=231 million
t =1999-1991
Therefore, 233 million=231 million r^(1999-1991)
(233 million/231 million)^(1/8)=r
p(y)=231 million(233 million/231 million)^((y-1991)/8)
Therefore, in 2003 p(2003)=231 million(233 million/231 million)^((2003-1991)/8)
p(2003)=231 million(233 million/231 million)^(1.5)
p(2003)=234 million
The population in 2003 was 234 million
