we have the exponential formula
[tex]P=Ae^{(kt)}[/tex]
so
we have
A=182 million ------> initial value (value of P when the value of t=0)
The year 1994 is when the value ot t=0
so
year 2002 -----> t=2002-1994=8 years
For t=8 years, P=186 million
substitute the value of A in the formula
[tex]P=182e^{(kt)}[/tex]
Now
substitute the values of t=8 years, P=186 million
[tex]\begin{gathered} 186=182e^{(8k)} \\ e^{(8k)}=\frac{186}{182} \\ \text{apply ln both sides} \\ 8k=\ln (\frac{186}{182}) \\ k=0.0027 \end{gathered}[/tex]
the formula is equal to
[tex]P=182e^{(0.0027t)}[/tex]
Estimate the population in 2004
t=2004-1994=10 years
substitute the value of t in the formula
[tex]\begin{gathered} P=182e^{(0.0027\cdot10)} \\ P=187 \end{gathered}[/tex]
therefore
the answer is 187 million
