Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2012. Solve the problem using the method similar to that used to solve number 65 on page 422 of the e-book. Show your detailed, worked out solution for full credit. Write a paragraph about how you might use this information in a role as a politician, government administrator or business owner/operator. What will it mean to the country, its economy, resources or the business? Be sure to reference all sources using APA style. Do not use any part of the sample below in your post; do not use India, China or the United states as your country. Type (1.014)^7 for (1.014) to the seventh power.
Note that this sample would not receive full credit because there is no detailed work shown, nor does it have the discussion asked for in the prompt.
Sample Post: The population of India in 2005 was 1,080,264,388 (there is more recent data available, so use the most recent you can find). The growth rate is 1.4%. Note that in this instance, the percent must be converted to its decimal equivalent before it can be used to make computations with the formula.
In 2006, the approximate population is 1,095,388,089. P = 1,080,264,388 * (1.014)^1
In 2007, the approximate population is 1,110,723,523. P = 1,080,264,388 * (1.014)^2
In 2008, the approximate population is 1,126,273,652. P = 1,080,264,388 * (1.014)^3
In 2012, the approximate population is 1,190,681,880. P = 1,080,264,388 * (1.014)^7