Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Join our platform to connect with experts ready to provide precise answers to your questions in different areas. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Calculate the doubling time.

Given:
[tex]\[
\frac{70}{r (\text{growth rate})} = \text{Doubling Time}
\][/tex]
where [tex]\( r (\text{growth rate}) = 10\% \)[/tex]

Options:
A. 1000 years
B. 7 years
C. 70 years


Sagot :

To calculate the doubling time, we use the formula:

[tex]\[ \text{Doubling Time} = \frac{70}{\text{growth rate}} \][/tex]

Given that the growth rate is 10% per year:

[tex]\[ \text{growth rate} = 10\% \][/tex]

First, convert the percentage to a decimal for ease of calculation:

[tex]\[ 10\% = 0.10 \][/tex]

However, since we are using the rule of 70, we can directly use the percentage value without converting it to a decimal.

Substitute the growth rate into the formula:

[tex]\[ \text{Doubling Time} = \frac{70}{10} \][/tex]

Perform the division:

[tex]\[ \frac{70}{10} = 7 \][/tex]

So, the doubling time is:

[tex]\[ 7 \text{ years} \][/tex]

Therefore, among the given options:

1. 1000 years
2. 7 years
3. 70 years

The correct answer is:

[tex]\[ 7 \text{ years} \][/tex]