Step 1 :The exponential model \(A=106.1 e^{0.02 t}\) describes the population, \(A\), of a country in millions, \(t\) years after 2003. We are asked to determine when the population of the country will be 155 million.
Step 2 :To find this, we need to solve the equation \(155 = 106.1 e^{0.02 t}\) for \(t\). This is a logarithmic equation, so we'll need to use the properties of logarithms to solve it.
Step 3 :First, divide both sides of the equation by 106.1 to isolate \(e^{0.02 t}\) on one side of the equation. This gives us \(\frac{155}{106.1} = e^{0.02 t}\).
Step 4 :Next, take the natural logarithm of both sides of the equation to get rid of the exponential on the right side. This gives us \(\ln(\frac{155}{106.1}) = 0.02 t\).
Step 5 :Finally, divide both sides of the equation by 0.02 to solve for \(t\). This gives us \(t = \frac{\ln(\frac{155}{106.1})}{0.02}\).
Step 6 :Calculating the right side of the equation gives us \(t \approx 19\).
Step 7 :Since \(t\) represents the number of years after 2003, we add 19 to 2003 to find the year in which the population will be 155 million.
Step 8 :Final Answer: The population of the country will be 155 million in the year \(\boxed{2022}\).