Answered: country has a growth rate of 2.4%…

country has a growth rate of 2.4% compounded continuously. At this rate, how long will it take for the population of this country to double. Round to nearest tenth. Please solve.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...

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Question

a country has a growth rate of 2.4% compounded continuously. At this rate, how long will it take for the population of this country to double. Round to nearest tenth. Please solve.

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