Step 1 :The exponential model \(A=745.1 e^{0.008 t}\) describes the population, \(A\), of a country in millions, \(t\) years after 2003. We need to determine when the population of the country will be 854 million.
Step 2 :We need to solve the equation \(745.1 * e^{0.008 * t} = 854\) for 't'.
Step 3 :First, we divide both sides by 745.1 to isolate the exponential term, giving us \(e^{0.008 * t} = \frac{854}{745.1}\).
Step 4 :Next, we take the natural logarithm of both sides to solve for 't', giving us \(0.008 * t = ln\left(\frac{854}{745.1}\right)\).
Step 5 :Finally, we divide both sides by 0.008 to solve for 't', giving us \(t = \frac{ln\left(\frac{854}{745.1}\right)}{0.008}\).
Step 6 :Calculating the right side of the equation gives us \(t = 17\). This means the population of the country will be 854 million 17 years after 2003.
Step 7 :Final Answer: The population of the country will be 854 million in \(\boxed{2020}\).