Acountry's population in 1994 was 98 million in 2001 it was 103 million. estimate the population in 2018 using the exponential growth formula. round your answer to the nearest million.

116 million people by 2018

Step-by-step explanation:

The exponential Growth Formula is the following,

Where a is the initial amount of people, r is the rate of growth in decimal format, t is the time interval, and y is the population at the end. First we need to find the rate of growth using the information given.

Now that we have the rate (r) we can plug that into the equation again and solve for the population (y) in 2018.

Rounded to the nearest million, that would put the population of 2018 at 116 million people

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