Math Problem Statement

Doubling Time The current world population is about 7.3 billion. Under current conditions, the population is growing exponentially, with a yearly growth factor of 1.011. In parts b and c, round your answers to the nearest year. a. Find a formula that gives the world population N, in billions, after t years. b. How long will it take for the population to double? c. How long after doubling will it take for the population to double again? accurate answers, show working, and break it down for me

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Growth
Logarithms

Formulas

N(t) = N_0 * r^t
t = log(2) / log(1.011)

Theorems

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Suitable Grade Level

Grades 10-12