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Answer:
The population would be 1 million in 2024.
Step-by-step explanation:
In order to find the answer you can use the population growth formula:
A= P*e^rt
A=Population after time=1,000,000
P= Starting population=705,000
e= Euler number that is equal to 2.718
r= rate of growth=0.0151
t= time
Now, you can replace the values on the formula and solve for t:
1,000,000 = 705,000*e^0.0151t
1,000,000/705,000 = e^0.0151t
ln(1,000/705) = ln(e^0.0151t)
ln(1000/705) = 0.0151t
t = [ln(1000/705)]/0.0151
t = 23.14 years
According to this, the answer is that the population would be 1 million in 2024.