the country a has 50m inhabitants, and its population grows 3% per year. the country b, 70m and grows 2% per year. tell in how many years a will surpass b. in cpp
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Country A:
Growth Rate = 50m(1 + 3/100)ⁿ
Growth Rate = 50m(1.03)ⁿ
Country B:
Growth Rate = 70m(1 + 2/100)ⁿ
Growth Rate = 70m(1.02)ⁿ
Find n when Country A surpass Country B:
50m(1.03)ⁿ = 70m(1.02)ⁿ
1.03ⁿ ÷ 1.02ⁿ = 70m ÷ 50m
(103/102)ⁿ = 1.4
n log (103/102) = log (1.4)
n = log (1.4) ÷ log (103/102)
n = 34.5 years ≈ 35 years
Answer: Country A will surpass Country B in 35 years
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