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POPULATION GROWTH According to demographic profile the population of Georgia is 9,687,653. Population 10years from now using an annual growth rate of 0.9%P (1=r) ^n= 9687653(1.009) ^10 = 10,595,714.23 =10,595,715 peopleTime taken for the population to double19375306= 9687653(1.009) ^n2= 1.009^nN= log 2/log 1.009=77.3624= 77.4yearsAccording to 2010 demographic profile the population of Atlanta City is 420003.Population in 10 yearsPopulation= 420003(1.0090^10) =459371.
5078 =459372Time taken for the population to double840006= 420003*1.009^nN= log 2/ log 1.009N= 77.3624N= 77.4yearsThe possible factors that could influence the growth rate of the Georgia State and the Atlanta city are fertility rate, death rate and emigrants and immigrants. Fertility rate represents the likelihood that a person is able to have a baby. The state and the city have many fertile people hence the growth in population. Death rate refers to the number of death per minute.
The country and the city have basic social amenities hence low death rates which lead to population growth. The state and the city also have low migration of its citizens and a high immigration of other citizens resulting to the growth in population.The city and the state I live in experiences growth in population however some states may experience stable or declining population. This occurs due to decline in fertility rate, high death rates, low immigration rates and high emigration rates. The decline is also largely fueled by slower immigration and a deep recession.
To solves this steady population decline, the basic social amenities should be improved, encouraging a high immigration and improving the economic growth. This will ensure that the population grows considerably.There are several real world applications of exponential equations. For instance, it has been utilized in the computation of compound interests on money, depreciation of assets, monitoring and modeling bacteria growth, isotopes half-life computations and in the solution of exponential decays.
ReferencesWeeks, J. R. (2012). Population: An introduction to concepts and issues. Belmont, CA: Wadsworth Cengage learning.
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