blessunderhill
blessunderhill blessunderhill
  • 15-04-2020
  • Mathematics
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A population of 5000 people doubles in size every 10 years. Determine the population
after 70 years. What is the time used to solve the problem?

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hernandezramidg0702
hernandezramidg0702 hernandezramidg0702
  • 15-04-2020

Answer: A quantity grows exponentially when its increase is proportional to what is already there. A common example is compound interest, where $100 invested at 7% per year annual compound interest will double in 10 years. Similarly, if a population grows at 7% per year, it, too, will double in 10 years.

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