The population of the world grows exponentially at a rate of 1.1% per year Find the number of years it takes for the population to grow from 7 billion to 7.31 billion. GIve your answer corect to the nearest whole number.
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Answer:
A = P*(1+r/100)t
where:
P= principle amount
r= percentage rate
t=time
A= ending amount
Then substituted in values: 7.1 = 7*(1+(1.1/100))t
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