Exponential growth formula is : P = Ae^kt
1999-1993 = 6
1993 = P(0) = 94 million
1996 = P(6) = 99 million
P(6) = P(0) e^(6 k)
99 = 94 e^(6 k)
e^(6 k) = 99/94
6 k = ln (99/94)
k = ln (99/94) / 6 = 0.0086375
2010 - 1993 = 19
Now we have:
P(19) = 94e^(19*0.0086375)
P19 = 110.765 million
Rounded to the nearest million = 111 million.
