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A country's population in 1995 was 142 million. In 1998 it was 148 million. Estimate the population in 2013 using the exponential growth formula. Round your answer to the nearest million

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toporc

Let x be the annual growth rate, expressed as a decimal.
\(148=142(1+x)^{3}\)
\(1+x= \sqrt[3]{1.04225} =1.01389\)
the number of years between 1998 and 2013 is 15 years. The estimated population in 2013 is given by:
\(148(1.01389)^{15}=182\ million\)
The answer is 182 million.

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