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

Multiple Choice

Suppose that the population (in millions) of a Paraguay in 2007 is 6.7 and that expected continuous annual rate of change of the population is 0.024. The exponential growth model for the population by letting corresponds to 2000 is . Use the model to predict the population of the country in 2014. Round your answer to two decimal places.

A) 7.93 million
B) 7.74 million
C) 8.12 million
D) 6.86 million
E) 7.03 million