The continous exponential growth model has the form:
where Po is the starting population, P is the total population after time t, r is the rate growth, t is the time and e is Euler's number. In our case, r = 0.078, P is 2Po and we need to find the time t. By substituting these values, we get
By moving the initial population Po to the left hand side, we get
so we can cancel out Po and get
Now, by applying natural logarithm in both sides, we have
since natural logarithm is the inverse of the exponential function , we get
then, by moving the coefficient of t to the left hand side,we obtain
since ln2 is 0.693m, we have
finally, the time is
Then, by rounding to the nearest hundredth, the answer is 8.89 hours