Answer:
9 years
Explanation:
To find out how long it will take for the population to double, we can use the following formula:
t = (ln 2) / r
where t is the time it will take to double, ln is the natural logarithm, and r is the annual growth rate.
Substituting r = 7.5% = 0.075, we get:
t = (ln 2) / 0.075
Using a calculator, we get:
t ≈ 9.24 years
So it will take about 9 years (rounded to the nearest year) for the population to double if its annual growth rate is 7.5%.