Question

if a population is increasing at a constant rate of 2.4% per year, by what percent will it increase in 10 years

Answer 1

26.8%

Explanation:

1+.024=1.024

(1.024)^10=1.267506

1.267506 - 1 = .267506

Move the decimal to convert it to a percent

Answer: 26.8%

Answer 2

The doubling time is the period of time required for a quantity to double in size or value. It is applied to population growth, inflation, resource extraction, consumption of goods, compound interest, the volume of malignant tumours, and many other things that tend to grow over time.