C clareh08 New Member Joined Aug 27, 2014 Messages 11 Gender Female HSC 2015 Apr 18, 2016 #1 If in 2014, the Australias population was 23 246 692, with a growth rate of approximately 1.14%, what was the population in 2015? Please help! What is the formula and how would you work out this question
If in 2014, the Australias population was 23 246 692, with a growth rate of approximately 1.14%, what was the population in 2015? Please help! What is the formula and how would you work out this question
J jamesh1234 New Member Joined Apr 23, 2016 Messages 8 Gender Male HSC 2014 May 22, 2016 #2 23 246 692*(1+0.0114) = 23511704. The formula is just base population*(1+growth)^(number of years). Since it's just one year it's simply 23246692*1.0114. James Huang Tutor of Math Ext 1- Band 6 2014 Get some more ansers for your questions from me and me friends at: HSC- https://www.facebook.com/groups/1011024022302622 VCE- https://www.facebook.com/groups/1562196880771131
23 246 692*(1+0.0114) = 23511704. The formula is just base population*(1+growth)^(number of years). Since it's just one year it's simply 23246692*1.0114. James Huang Tutor of Math Ext 1- Band 6 2014 Get some more ansers for your questions from me and me friends at: HSC- https://www.facebook.com/groups/1011024022302622 VCE- https://www.facebook.com/groups/1562196880771131
B braintic Well-Known Member Joined Jan 20, 2011 Messages 2,137 Gender Undisclosed HSC N/A May 24, 2016 #3 Actually, this question is not clear. If the 1.14% is an average growth rate then the calculation given by jamesh1234 is correct. If it is an instantaneous growth rate then the calculation is 23246682 * e^(0.0114)
Actually, this question is not clear. If the 1.14% is an average growth rate then the calculation given by jamesh1234 is correct. If it is an instantaneous growth rate then the calculation is 23246682 * e^(0.0114)
