Bangladesh, a country about the size of the state of Iowa, but has about half the U.S population, about 170 million. The population growth rate in Bangladesh is assumed to be linear, and is about 1.5% per year of the base 170 million. Create a linear model for population growth in Bangladesh. Assume that y is the total population in millions and t is the time in years.
At any time t, the Bangladesh population at year t is:
y = 170,000,000(1.015)^t
At any time t, the Bangladesh population at year t is:
y = 170,000,000(1.015)^t