Answered: Use the formula t =ln 2/k that gives…

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter5: Exponential And Logarithmic Functions

Section5.4: Exponential And Logarithmic Equations

Problem 10ECP: You invest $500 at an annual interest rate of 5.25, compounded continuously. How long will it take...

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Use the formula t =ln 2/k that gives the time for a population with a growth rate k to double.The growth model A = 112.5e^0.012t describes Mexico’s
population, A, in millions, t years after 2010.
a. What is Mexico’s growth rate?
b. How long will it take Mexico to double its population?Express the answer to the nearest whole year.

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