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Solve the Problem N=Iekt\mathrm { N } = \mathrm { Ie } \mathrm { kt }

Question 154

Multiple Choice

Solve the problem.
-In the formula N N=Iekt\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 2.3%? Round to the nearest year.


A) 1 yr
B) 21 yr
C) 48 yr
D) 130 yr

Correct Answer:

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