Suppose That the Population (In Millions) of a Egypt in 2007

question 2

Multiple Choice

Suppose that the population (in millions) of a Egypt in 2007 is 80.3 and that expected continuous annual rate of change of the population is $0.017$ . The exponential growth model for the population by letting $t = 0$ corresponds to 2000 is $P = 71.2910 e ^ { 0.017 t }$ . Use the model to predict the population of the country in 2013 . Round your answer to two decimal places.

• A) \(83.08\) million
• B) \(87.42\) million
• C) \(90.45\) million
• D) \(88.92\) million
• E) \(81.68\) million

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Definitions:

Premium Wheat

High-quality wheat that meets specific standards and is sold at a price above regular or standard wheat.

Realized Gross Profit

The portion of profit earned from goods that have been sold, reflecting actual gains rather than estimated.

Installment Sales Method

An accounting method that recognizes revenue and expense when payments are actually received rather than at the point of sale.

Cash Collections

The process of gathering all cash payments received from customers over a period.