Question

Suppose that the world population is increasing at an annual rate of 1.2%. If we assume an exponential growth model, in how many years will the population double? a. 57.7 years b. 25.1 years c. 5.8 years d. 166.7 years

          Suppose that the world population is increasing at an annual rate of 1.2%. If we assume an exponential growth model, in how many years will the population double?
a. 57.7 years
b. 25.1 years
c. 5.8 years
d. 166.7 years

Added by Alvaro M.

Precalculus with Limits

Ron Larson 2nd Edition

Instant Answer

Solved by Expert Steven Clarke

04/22/2022

Step 1

Step 1: Use the formula for exponential growth: A = P(1 + r)^t, where A is the end amount, P is the starting amount, r is the growth rate, and t is the number of years. Show more…

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Suppose that the world population is increasing at an annual rate of 1.2%. If we assume an exponential growth model, in how many years will the population double? a. 57.7 years b. 25.1 years c. 5.8 years d. 166.7 years