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A Population Growing Continuously at an Annual Rate R Will t=ln3rt = \frac { \ln 3 } { r }

Question 114

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A population growing continuously at an annual rate r will triple in a time t given by the formula t=ln3rt = \frac { \ln 3 } { r } . How long will it take the population of a town to triple if it is growing at the rate of 13% per year?
Please round the answer to one decimal place. __________ yr

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