6.1 Exercise 16

The population of China was about 1.39 billion in the year 2013, with an annual growth rate of about $0.6 \% .$ This situation is represented by the growth function $P \left(t\right) = 1.39 \left(1.006\right)^{t} ,$ where $t$ is the number of years since $2013.$ To the nearest thousandth, what will the population of China be for the year 2031? How does this compare to the population prediction we made for India in the example?