Choose the One Alternative That Best Completes the Statement or Answers

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-In the formula N $\mathrm { N } = \mathrm { Ie } ^ { \mathrm { kt } }$ N is the number of items in terms of an initial population I at a given time t and k is a growth constant equal to the percent of growth per unit time. How long will it take for
The population of a certain country to triple if its annual growth rate is 7.5%? Round to the nearest
Year.

A) 1 yr
B) 6 yr
C) 40 yr
D) 15 yr