How is it going guys! I have this exponential problem that I am stuck on. I haven't done exponential equations for a long time. To start out this is what the problem looks like:
"The function P(t) = PoE^kt K > 0 is a model of many kinds of population growth. Po is the population at time 0, P is the population after time t and k is called the exponential growth rate. In 1998, the population of India was about 984 million and the exponential growth rate was 1.8% per year.
(a) Write a function, in correct form, for this exponential growth.
(b) Graph the exponential growth. use appropriate scale on the x- and y-axis.
(c) Applying the function, what will be the population in 2005?"
I can do the last two just fine if I can remember how to reach the equation. I know it explains, but as in usual math, the explanation sucks. I don't really know where to begin...