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State the exponential growth model
Using the Exponential Growth and Doubling Time knowledge points
$$
P(t) = P_0 \cdot 2^{t / T_d}
$$
where:
- \(P_0 = 16,000\) is the initial population.
- \(T_d = 10\) years is the doubling time.
- \(t\) is the time in years.
Calculate the population in 12 years
Using the Exponential Growth and Doubling Time knowledge points
$$
LATEXBLOCK0
$$
Rounding to the nearest whole number gives \(36,758\).
Calculate the population in 24 years
Using the Exponential Growth and Doubling Time knowledge points
$$
LATEXBLOCK1
$$
Rounding to the nearest whole number gives \(84,449\).
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Question 1
What will the population be in 12 years?
36,758
Question 2
What will the population be in 24 years?
84,449