With annual growth rate of 1.2% per year, the projected world population in 2044 is 10.5 billion
The formula for the exponential growth model is:
X(t) = Xo (1 + r)^t
Where:
X(t) = value of X at time t
Xo = initial value
t = time interval
r = growth rate
Parameters given:
Xo = 7 billion = 7 x 10⁹
t = 2044 - 2010 = 34
r = 1.2% = 0.012
Hence,
X(t) = 7 x 10⁹ (1 + 0.012)³⁴
X(t) = 10.5 x 10⁹ = 10.5 billion
Therefore,
The projected world population in 2044 = 10.5 billion
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