According to the
US Bureau of the
Census, the world population in 1950 was 2,555,360,972. In 2003
it was 6,302,486,693. (These are
estimated midyear figures. The
table given
by the Bureau also lists projected population figures for
2004-2050.) Based on these figures, assuming that the population
increased by the same percentage each year from 1950 to 2003, that
yearly increase was
percent.
The
corresponding
figures for the US are populations of 152,271,000 in 1950 and
290,343,000 in 2003. This corresponds to an annual growth rate of
percent.
Hint:
Enter a radical expression, or a decimal approximation with least two
correctly rounded digits beyond the decimal point. If you believe
that this problem requires logarithms for its solution you are on the
wrong track.
You can earn partial credit on this problem.