Step 1: Understanding the Concept:
Exponential growth follows \(P = P_0 e^{kt}\). Step 2: Key Formula or Approach:
Population doubles in \(20\) years. Step 3: Detailed Explanation:
In \(20\) years: \(80k = 40k(e^{20k}) \implies e^{20k} = 2\).
Total time after start is \(20 + 40 = 60\) years.
\(P(60) = 40k(e^{20k})^3 = 40k(2)^3 = 320,000\). Step 4: Final Answer:
Population is \(320,000\).