The population of Florida has increased, on average, at a rate of 8% per year since 1953. In 1993, the population of Florida was 13 million.

What was the population in 1953?

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Answer:

598,402

Step-by-step explanation:

Let y = population at year x

x is the number of years since 1953, so for 1993, x = 40

a = population in 1953

y = a(1.08)^x

In 1993, the population is 13,000,000, so y = 13,000,0000 when x = 40.

13,000,000 = a(1.08)^40

13,000,000 = 21.7245a

a = 598,402

Answer: 598,402