The world's population is expected to grow at a rate of 1.3% per year until at least the year 2020. In 1994 the total population of the world was about 5,642,000,000 people. Use the formula Pn = P0ein to predict the world's population, Pn, n years after 1994, with P0 equal to the population in 1994 and i equal to the expected growth rate. What is the world's predicted population n the year 2020, rounded to the nearest million?

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The world's population is expected to grow at a rate of 1.3% per year until at least the year 2020. In 1994 the total population of the world was about 5,642,000,000 people. Use the formula Pn = P0ein to predict the world's population, Pn, n years after 1994, with P0 equal to the population in 1994 and i equal to the expected growth rate. What is the world's predicted population n the year 2020, rounded to the nearest million?

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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Given: P₀ = 5,642×10^6 people, i = 1.3% = 0.013 per year, n = 2020 - 1994 = 26 years, We get: Pn = P₀ e^(i.n) . . .= 5,642×10^6×e^(0.013×26) . . .= 7,911×10^6 people
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