Acountry's population in 1993 was 94 million. in 1999 in was 99 million. estimate the population in 2005 using the exponential growth formula. round your answer to the nearest million. p=ae^kt

The initial population is
P₀ = 94 million in 1993

The growth formula is

where P(t) is the population (in millions) after t years, measured from 1993.
k = constant.

Because P(5) = 99 million (in 1999), 


In the year 2005, t = 12 years, and


106 million (nearest million)