I'm trying to wrap my head around the algebra used to get a solution. The question states:
In 2011, the Population of China and India were approximately 1.34 and 1.19 billion people, respectively. However due to central control the annual population growth rate of China was 0.4% while the population of India was growing by 1.37% each year. if these growth rates remain constant. when will the population of India exceed that of China?
- 2023
So the general formula would be $P = P(not) A^{kt}$ so I've tried $1.34 = 1.19e^{0.0137t}$ ---divide by 1.19 on both sides and take ln of both sides $\ln(1.34/1.19) = 0.0137t$. I, quiet cluelessly, divided by 0.0137 on both sides but that of course would give me an erroneous solution.
I generally understand exponential growth, or at least the idea behind how to calculate certain values, but this question in particular I haven't quiet understood. I would appreciate any help on how to go about correctly finding the correct value of t (2023). I'm sure my algebra skills are at fault
If the population grows at $1.37\%$ per year, after $n$ years it is multiplied by $1.0137^n$, so the population of India after $n$ years is $P(I)=1.19\cdot 1.0137^n$. Similarly the population of China is $P(C)=1.34\cdot 1.004^n$ You are asked to set these equal and solve for $n$. It appears your $1.43$ is a typo for $1.34$ and you have ignored the growth in China.