Solve, How long will it take for the population of a certain country to double if its annual growth rate is 3.1% ? round to the nearest year
Let the current population be N and let the number of years for the population to double be x. Then we can express the growth in the following equation: \[2N=N(1+0.031)^{x}\ .......(1)\] Equation (1) can be rearranged as follows: \[(1.031)^{x}=2\ .........(2)\] Taking natural logs of both sides of equation (2) we get \[x\times \ln 1.031=\ln 2\ ........(3)\] Dividing both sides of equation (3) by ln 1.031 we get an expression for x as follows: \[x=\frac{\ln 2}{\ln 1.031}=you\ can\ calculate\] Hint: Remember to round your result to the nearest year.
How can i round it to the nearest year
well all you have to do is plug it into your calculator and do the numbers that are to the left of the decimal place
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