Question

The equation

y=281(1.0l)xy = 281(1.0l)^x

is a model for the population of the United States y, in millions of people, x years after the year 2000. Estimate when the United States population will reach 400 million people.

Solution

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We want to find xx such that 281(1.01)x=400281(1.01)^x= 400

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