opulation Growth The population of Silver Run in the year 1890 was 6250 . Assume the population increased at a rate of 2.75 %per year.
(a) Estimate the population in 1915 and 1940 .
(b) Approximately when did the population reach 50,000?



Answer :

the population in 1915 and 1940 is 24264.5

the population reach 50,000 is 77 years

In 1891 the population would be 6250 x  ( 1+ 0.0275)

In 1832 the population would be [ 6250 x ( 1+0.0275 ) ] x (1+0.0275)

in 1893 the population would be [6250 x ( 1+0.0275) ] x ( 1+0.0275) x (1+0.0275)

p= 6250(1.0275)^t

where t= number of years till 1890

t=25

p= 6250(1.0275) ²⁵

= 6250 x 1.9704

= 12314.8

t=50

p= 6250(1.0275) ⁵⁰

= 6250 x 3.8823

=24264.5

To reach 50,000

50000= 6250(1.0275)^t

(1.0275)^t = 50000 /6250

(1.0275)^t =8

Take log on both sides

log (1.0275)^t = log 8

t= log8/ log (1.0275)

t=76.6%

Hence

the population in 1915 and 1940 is 24264.5

the population reach 50,000 is 77 years

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